International Herald Tribune , 1994, France, English

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t

Herald

INTERNATIONAL

\-4

tribune

PUBLISHED WITH THE NEW YORK TIMES AND THE WASHINGTON POST

Stock Prices
Tumble in
Europe and
U.S. Markets

New Sign of Inflation
Sends Jitters Through
Investors Worldwide

London, Thnrsday, October 6, 1994

No 34.712

- - \

‘ NEWYORK— Fears of mnaUoninthe

expanding U.S. economy — and higher
'' interest rates that may follow — battered
V securities prices in the United States and
Europe on Wednesday.

Yieldson long-term U.S. Treasury

■ bonds approached 8 percent for the first
time in more than two years, while the

- Dow Jones industrial average lost ground
‘ r- for the tlnrd straight day. The dollar weak-
, ened against major currencies.

:, W Major European stock indexes dropped,

- with ^ DAX index in Frankfurt faUhc
1J1 percent and the Financial Time^
Stock Exchange 100-share index in Lon-
don losing 1.52 percent

j;’ 4 \ ‘The market is headed south for a while
.f* ! - until fears .of inflation and higher interest

■ • “-L rales subside,” said Peter Cardfllo, market
-•i strategist at WestfaKa Investments.

L ; X Fuel for the sell-off Wednesday came
from a government report showing a 4.4
y - ■ percent increase in orders to U.S. factories
. in August,- the largest gain in nearly two
' years. The report also showed that ship-
ments rose by 4S percent, the biggest gain
. in 15 years.-

Thc report's influence was exaggerated
by the foct'fhaiit came two days before the
govemmcnt is $et 4 o release employment
... data fn September. If the Labor Depart-
ment rtportsstrong job growth for Sep-

• tember on Friday, the Federal Reserve
‘ •>- Board win almost surely push up key imer-

• * * est rates, analysts said.

“The’feworyorders were the icing on
the cake,” said Ian Blance, global econo-
mist ai Nfldco Europe. “People are expect-
inn the Federal Reservc to do so mething in

the'next fevr^TO^'

Die UlSlr^riafbank has already raised
short-term iriSSSst rates five times this
yeartakecp^Lation m check as the econ-...
omy grows? ’Bht higher trending interest
rato borrowing for com-

J paiues, u^a^pujW limit corporate profit

• growth. Inflation, meanwhile, erodes the

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Police and fire fighters at a farm in Cheiry. Switzerland, gathering the bodies of some of the members of n sect, the Solar Tradition,

Mystery Shrouds 50 Cult Deaths

u,> n„ t

Dow Jones ■ Trib Index

Pound

1.586

1.5815

Ym

99.60

99.63

FF

5.2785

5.2063

By Bany James

Imemmionai Reraid Tribune

At least 48 members of an esoteric
sect that has been linked to neo-Nazi
groups were found shot or suffocated
to death Wednesday at a farm and two
chalets in Switzerland.

Two other bodies were found in a
house in Quebec, belonging to the lead-
er of the cult, that was destroyed by
fire.

Swiss policemen, who expected to
find more bodies at a third chalet, said
they were seeking two people for ques-
tioning in connection with the deaths
An investigating magistrate, Andrfc
Filler, declined to say who the suspects
were or whether one was the cult lead-
er, Luc JoureL

Swiss fire lighters found the dead,
including many children, in a secret
chapel at the farm at Cheiry, a Heidi-
like mountain village near Fribourg,
overlooking Lake Neuchdtel, and at

the two remote chalets in the canton of
.Valais. They had been called out to put
out fires in the buildings and at the
third chalet

Die police said they were unsure
whether they were dealing with mass
murders or collective suicides. There
have been several mass religious sui-
cides in recent years, the most dramatic
being the 1978 Jonestown massacre in
Guyana, in which 91 3 men, women and
children died, and the immolation of
86 Branch Davidians in Waco. Texas,
last year.

Many of the victims in Switzerland
had a single bullet hole in the head.
Cartridge cases littered the floors. Oth-
ers had been suffocated with black
plastic garbage sacks, tied tightly
around their necks. They included Ca-
nadian, Swiss and French nationals.

The male victims were dressed in
black, white and red ceremonial cloaks.

The women wore long, white, gold-
braided robes.

According to the Roger Ikor Center
in Pans, which investigates and docu-
ments cults, the sect is an offshoot of
the Renewed Order of the Temple,
which is “extremely dangerous because
of its doctrinal extremism and dicta-
torial internal system.” Documents in
the center’s possession indicate that the
order — which has branches in Cana-
da, France, Belgium, the Netherlands.
Germany and Denmark as well as its
headquarters in Switzerland — has
close links with neo-Nazi organiza-
tions.

Of the 23 bodies found at the farm-
house. many were in the former stables,
which had been turned into a chapel
with altar and mirrored walls con-
cealed behind wood paneling. It did

See CULT, Page 6

■W

Tbr AvukumI Pres*

Luc Jouret, the missing leader of the
sect whose members were found shun.

Beriiisconi’s Government
Is Rocked by New Inquiry

Aide Deplores ‘Mafia- Style 9 Charges

Kiosk

SHDf: .

[«.!-, Sac..* -
U.K.'s

By Alan Cowell

New York Times Service

ROME — Prime Minister Silvio Berlus-
coni's government was propelled into tur-
moil on Wednesday after a senior investi-
gating magistrate said inquiries into a pay-
television chann el partly owned by the
Italian leader could embroil “very high
levels” of the country’s political and finan-
cial elite.

The published remarks by the Milan
investigator. Francesco Saved o Borrelli,
were interpreted as what a government
spokesman, Giuliano Ferrara, called a
“Mafia-style threat” against Mr. Berlus-
coni. and they touched off a day of turbu-
lence. Mr. Berlusconi is a wealthy tycoon-
tumed-politician who controls Italy’s
* ’ ’ ;i commercial television networks

.-irst. Justice Minister Alfredo Biondi
offered to quit in response to criticism
from Mr. Borrelli, but the government re-
fused to accept his resignation .

Then Mr. Ferrara threatened a suit

The spectacle of such open confronta-
tion between the magistrates and the gov-
ernment renewed doubts about political
stability, and financial markets, hair-trig-
ger shy about Italy’s fortunes, registered
sharp losses with the Italian lira, govern-
ment bonds and shares all falling

But the debacle also focused attention
on what has become a central riddle of
public life here: Are the magistrates who
became national heroes for unmasking de-
cades of corruption now pursuing their
own political witch-hunt, as the govern-
ment insists they are, or simply doing their
job, which has now led to fraud investiga-
tions in the national tax police, the Guar-
dis di Finanza, and at Fininvest?

“The magistrates must do their duty,”
Mr. Ferrara said, “which is to prosecute
crimcslhat come to their notice, not to get
involved in politics or uy to overthrow the
government through newspaper inter-
views. This is shameful.”

Mr. Borrelli said in an interview with
Milan’s Corn ere della Sera newspaper that

■ . .v * T “ ni Milan's Gomere aeua bera newspaper that

against the magistrals, worsening the d- ^ magistrates themselves were thelar*et

ready smmed of “SSttive to discredit us "Is tiSS

S ovc ™f nt inquiries progressed with “new and signifi-

smee February 1992, have uncovered mas- caSt eridence.”
sive corruption and who are now scrutiniz-
ing Mr. Berlusconi's Fininvest empire. The

Italian leader Tuesday called the inquiry a
“use of justice for distorted ends.”

And. in an unrelated development that
nonetheless contributed to the atmosphere
of crisis, rock-throwing demonstrators
protesting unemployment clashed _ with
riot police outside the prime minister’s
office at Palazzo Ghigi in central Rome.
Fifteen people were reported injured.

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At issue, investigators said, were bribes
of some $17,000 — relatively minor
amounts in the gamut of Italy's million-
dollar corruption scandals — paid to the
Guardia di Finanza to halt inquiries into
the ownership of Telepiu, a pay-TV station
offering mainly sports and movies, in
which Mr Berlusconi’s Fininvest acknowl-
edges a 10 percent stake. Magistrates are
Muring to discover whether Fininvest con-
trols a bigger stake through nominee com-
panies.

Additionally, magistrates are trying to
work out whether a decree issued Aug. 28
by Mr. Berlusconi’s government effective-
ly legitimized his ownership of a wide
range of television and publishing outlets
once supposed to be limited by antitrust
laws.

While Mr. Borrelli said the investigation
into Telepiu was only one of many being
conducted by the Milan magistrates, he

See ITALY, Page 6

Uniter*

Governor Chris Patten of Hong
Kong urged China to talk. Page 7.

Flight Ban Lifted
On Yugoslavia

BELGRADE (Reuters) — A Rus-
sian Aeroflot airliner landed in Bel-
grade on Wednesday, formally re-
opening its airport after a 28-month
United Nations ban on international
commercial flights to and from Yugo-
slavia.

“It is just a plane, but the sight of it
brings tears to my eyes,” said Svet-
lana. an airport welcoming hostess.
“These have been a very, very desolate
28 months.”

Earlier article. Page 8
Books Page 7.

Iran’s Revolution Falters
As Oil Revenues Plummet

By Nora Boustany

Washington Pom Service

TEHRAN — Iran’s Islamic govern-
ment, with its welfare economics and mul-
lah management, is being put to the test
because of sagging oil prices. Fifteen years
after a religious mutiny toppled the shah
and inflamed the poor with slogans, the
revolution seems no longer able to over-
come economic hardship with sustenance
or solace.

In major cities and rural villages, Irani-
ans appear more concerned about how to
make ends meet than about going to the
mosque on Friday. The fists that once
wished death to America are now raised in
objection to worsening economic condi-
tions and the specter of soaring prices.

“Economically, we are at a critical
time," said a key Central Bank official.
“We are adjusting prices, we are trying to
control inflation. This brings unhappi-
ness.”

Iran’s population has swelled from 30
million to 60 million since the 1979 revolu-

tion, while oil revenue has plummeted al-
most to one-lhird what it was.

“We are providing subsidies worth $12
billion a year for local consumption, and
our total revenue from oil is $12 billion."
said All Naghih Khamooshi. president of
Iran’s Chamber of Commerce.

A bid to introduce economic readjust-
ments is stalled as President Hashemi Raf-
sanjani's government and legislators battle
over when and how to remove subsidies
from basic commodities without social re-
percussions and unrest. Religious! v con-
servative members of the Majlis, the na-
tional legislature, are reluctant to press
their popular base into more economic
distress.

Iran's declining fortunes are drastically
under m i n i n g the religious leadership's
once magnetic quality as protector of the
masses and accenting mismanagement and
corruption instead.

As poverty and deprivation humble

See IRAN, Page 6

Moscow Gets
New Breath
As Debt Is
Rescheduled

Western Bankers .Agree
To §24 Billion Reprieve
To Entice Fresh Capital

By Alan Friedman

Imenuinanai Herald Tribune

PARIS — Russia and its main Western
bankers agreed on Wednesday to resched-
ule $24 billion worth of commercial bank
debt, giving an important boost to Mos-
cow’s efforts to stabilize its economy.

The accord, which also covers tin addi-
tional $3.4 billion of loan interest that has
not been paid since December 1942, will
give Russia breathing space to press ahead
with its reform programs.

It could also improve prospects for the
eventual full-scale rescheduling of the bal-
ance of Russia's total S90 billion of foreign
debt, which it inherited from the former
Soviet Union.

In Madrid, a senior U.S. Treasury offi-
cial attending the annual meetings of the
International Monetary Fund and World
Bank, hailed the deal us “another impor-
tant step forward in Russian reform." He
said it was in line with the emphasis on
attracting private sector capital that came
out of the recent meeting between Presi-
dent Bill Clinton and President Boris N.
Yeltsin.

The debt rescheduling will also help per-
suade foreign investors, trading partners,
and lenders that it is now safer to do
business with Moscow, another U.S. offi-
cial noted. He called Wednesday's deal
“one piece of the mosaic" and said that it
was likely "to have the consequence of
removing another obstacle to trade and
investment”

The deal was thrashed out in talks held
in Madrid this week between an udvisorv
committee led by Deutsche Bank and rep-
resenting Russia’s 600 bank creditors and
Alexander N. Shokhin. Russia’s deputy
prime minister and its chief debt negotia-
tor. Mr. Shokhin called the deal "an im-
portant vote of confidence from the inter-
national financial community.”

Although final details still need to be
worked out during meetings later this
month, the Madrid agreement ended a
year of deadlock over outstanding legal
issues that had held up a debt accord. A
document describing the legal aspects of
the debt rescheduling was signed Wednes-
day at the Russian Embassy in Madrid bv
Mr. Shokhin and by Christian L. Vontz.
chairman of the bank advisory committee.

The final agreement is expected to be
signed later this year after formal approval
is given by creditor banks.

A bank executive involved in the Ma-
drid talks said the deal would stretch out
Russia's $24 billion of commercial h ank
debt over the next 15 years. Russia will be
given a five-year grace period during which
it has to pay back neither interest nor debt
principal. Then it will have another 10
years to pay off the debt in semi-annual
installments.

The deal on Wednesday also calls for the
payment before the end’ of 1994 of $500
million of interest owed over the past year.

The only news that slightly marred the
spirit of the debt deal was that the ruble
slumped by 5.4 percent on Wednesday to a
low of 2,808 to the dollar, bringing the
Russian currency's total decline to nearlv
27 percent over the last month.

Traders attribute the currency’s woes to
the surprisingly relaxed attitude of Viktor
V. Gerashchenko, the chief of the Russian
central bank, who on Wednesday said he
was happy to allow the ruble to find its
own level. Mr. Gerashchenko has been
sharply criticized by supporters of reform
in Russia, who doubt his commitment to
rapid change.

The outline of the debt rescheduling
deal has been ready for more than 12
months, but until now both Russia and its
creditors have been unable to work out two
issues, the most important relating to the
demand by bankers that Russia waive its
“sovereign immunity.”

That would have given banks the right
to sue Moscow or attempt to seize Russian
assets if it did not honor its accord.

This sort of provision is normal in debt
rescheduling deals for Latin American

See RUSSIA, Page 6

At This Camp, You Learn to Boot Up

By Peter H. Lewis

New York Tunes Service

SANTA BARBARA, California —
One would never guess that Ludovico L.
de Carlo, who is 65. was a tormented
man as he stood on the terrace at sunset
nibbling appetizers, laughing with a
group of international business tycoons,
and being serenaded by two violinists
and caressed by warm ocean breezes.

But his wife, Sara, revealed his dark
secret to a visitor "He’s so angry. He has
complete control over everything else in
his office, except for that little box. He’s
determined to master it, but he’s frustrat-
ed that he can’t do it in one day.”

Mr. de Carlo, president of Marine
Corps West Federal Credit Union, was
unwinding at the end of a grueling day at
the CEO Technology Retreat The gath-
ering was a three- day boot camp for
chief executives, presidents and the like
who share a common frustration — com-

puters — and a common desire to learn
about them.

The recent retreat was co-sponsored
by the seminars company CEO Institutes
of New York and Computer Associates
International lnc„ the software compa-
ny. Since 1992, the retreats have attract-
ed more than 250 top executives who
rose to power in the computer age with-
out ever needing to find the power
switch.

The 50 executives who assembled here
were the types who exude confidence
and steely resolve to their underlings, but
most of them would panic at the sight of
a mouse — the kind used on a computer.

“In the last group, we found one guy
trying to roll the mouse around on the
computer screen,” one teacher whis-
pered, surveying the executives at the
orientation session. “This group looks
pretty smart”

Each executive paid $5,500 plus travel

and hotel expenses to come to the Four
Seasons Biltmore hotel in Santa Barbara,
away from ringing telephones and busi-
ness meetings, to concentrate on learning
the computer basics. The fee included an
Acer America laptop computer, printer
and programs they will lake with them,
plus unlimited telephone support from
the teaching assistants after they’ co
home.

“They get to ask the basic questions
that they’re too ashamed to ask their own
technologists,” said Charles B. Wang,
chairman of Computer Associates. The
goal of the retreats is to facilitate better
communications and closer relationships
between the technologists and the busi-
ness executives. “For them it's just one
little step, so they can say, ‘Hey, it’s not
so intimidating after all.’”

The conference is an ideal opportunity

See BOX, Page 6

&*

■R

mi

Page 2

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

Powell 9 in Demand , Looks Ahead to i Some Kind of Service’

By Brandon Mitchener

ImtmaUcmai Herald Tribune

FRANKFURT — Colin L. Pow-
ell, the retired chairman of the U.S.
Joint Chiefs of Staff, has been think-
ing about his past while preparing
memoirs that are to be published
next fall

But these days Mr. Powell, whose
book will cover his career as a mili-
tary commander and national securi-
ty adviser, is being asked at least as
many questions about his future.

At dinner Tuesday night on the eve
of the Frankfurt Book Fair, Mr.
Powell made these points:

* He conceded a more than pass-
ing interest in seeking a government
office. “I do want to return to some

kind of service to my country," he
said.

• He said that the exiled president
of Haiti, the Reverend Jean-Beruand
Aristide, was “not the saint" and that
the generals he is to succeed were
“not the villains' 1 they bad been
made out to be.

• He said he was “still developing' 5
his political philosophy. “For 35
years I didn't need one," he said.

At this point, the rumors of a run
for office are just that. Nevertheless,
Mr. Powell made no secret of the fact
that he was considering seeking a
place in politics.

He said that he might accept “a
nomination” and also suggested that
his future service “might be politi-

cal” He added that the fact that
many people also considered him
eminently electable was a feeling he
was still getting used to.

The cover story in the current U.S.
edition of Newsweek asks, “Can Col-
in Powell Save America?" An accom-
panying poll finds him the “most
respected’ 5 and “most intriguing"
man in American public life.

So far, neither mainstream politi-
cal party has been able to claim him
as its own. “I’m at neither extreme of
the political spectrum,” he said.

Regarding Haiti, Mr. Powell said
Haitian expatriates living in Florida
and elsewhere had a history of “ex-
ploiting, not running,' 1 the country.
He said Haiti was nothing like Eu-

rope and could not be helped by any
sort of nation-building Marshall
Plan imposed by the United States.

Mr. Powell, who served with for-
mer President Jimmy Carter and
Senator Sam Nunn in brokering the
Haitian junta’s agreement to step
down and the plan for Father Aristi-
de's return, trained with some of the
Haitian coup leaders in the United
States.

He called Father Aristide’s stron-
gest card his “charisma” and suggest-
ed that he go back to Haiti before
Oct. 15, his announced date of re-
turn. “He should be there already."
Mr. Powell said.

Bom in Harlem in 1937 as the son
of Jamaican immig rants. Mr. Powell

rose to become the first black man
and youngest person ever to assume
the title of chairman of the Joint
Chiefs of Staff, the highest military
position in the U.S. armed forces. )
He was a major architect of Opera-
tion Desert Storm, and he retired in
September 1993.

In economic and military policy he
is predictably conservative, but on
education, civil rights and a host of
other issues he describes himself as
“quite liberal.”

“Pm the product of the govern-
ment programs that were needed at
that time,” he said of subsidized
housing, education and Medicare,
the program of health care for the
elderly.

Haiti Chiefs Appear at Funeral

U.S. Forces Step Up Search for Arms and Auxiliaries

Compiled by Our Staff From Dispatches

PORT-AU-PRINCE Haiti
— Haiti's military leaders at-
tended the funeral on Wednes-
day of 10 Haitians who were
killed by U.S. Marines in a fire-
fight, the first casualties of the
U.S. military intervention here.

Lieutenant General Raoul
C6dras, the army co mman der
in chiet and Brigadier General
Philippe Biamby. the chief of
staff, stood near the 10 flag-
draped coffins in the courtyard
of a military hospital.

The appearance by the two
men came a day after Lieuten-
ant Colonel Joseph Michel
Francois, who with General C6-
dras and General Biamby led
the 1991 coup that deposed
President Jean-Bertrand Aris-
tide, fled to the neighboring

Balladur Vows
Corruption Fight

Reuters

PARIS — Prime Minister
Edouard Balladur, facing cor-
ruption scandals that have
spread into his cabinet, pro-
posed Wednesday an annual
audit of politicians' wealth and
new powers to halt suspect pub-
lic works contracts.

Mr. Balladur told Parliament
he was creating a working
group of deputies and senior
regional officials to study new
legislation to fight corruption,
which he acknowledged was un-
dermining public confidence in
French institutions.

“Democracy must be above
suspicion,” he said. “If it were
not. it would be fragile because
it relies on dozens’ involve-
ment.”

Dominican Republic. Colonel
Francois served as police chief
in Port-au-Prince and orga-
nized squads of attaches, or
army auxiliaries, who have been
responsible Tor much of the ter-
ror in Haiti since the coup.

U.S. offidals expect General
Cedras and General Biamby to
step down by Oct 15 as part of
an accord that will restore Fa-
ther Aristide to power. General
CMras has vowed not to leave.

Aristide supporters have ap-
plauded Colonel Francois’s de-
parture, and urged the other
coup leaders to do the same.

No U.S. soldiers were seen at
the service for the Haitians,
who were killed Sept. 24 in Cap
Haitien. U.S. troops were pa-
trolling the streets of the Hai-
tian capital in search of atta-
ches.

As U.S. helicopter gunships
circled overhead, U.S. Sperial
Forces troops raided the Port-
au-Prince suburb of Petionville.
looking for weapons and for an
attachfc said by residents to be
responsible for several murders.

U.S. soldiers have worked
with Haitians in recent days to
locate the homes of suspected
army auxiliari es. Ninety-five
people have been detained and
more than 4,000 weapons seized
in the crackdown. U.S. military
officials said.

In Washington, Defense Sec-
retary William J. Perry said that
the U.S. intervention in Haiti
had “gone very well to date.”
But he cautioned that the con-
tinued success of the mission,
and the end to years of terror
and violence in the country,
“will take persistence and will
take patience.”

The United States has about
20,000 troops in Haiti. Mr. Per-

ry said that number would be
reduced to 15.000 by the end of
the month, and eventually to
6,000 as an international peace-
keeping force begins to operate.

The first non-American sol-
diers. to arrive in Haiti started
taking control of the Port-au-
Prince harbor area on Wednes-
day. The contingent comprises
262 soldiers from Jamaica,
Trinidad and Tobago, Belize,
and Antigua and Barbuda.

Father Aristide told the UN
General Assembly in a speech
oa Tuesday that be would re-
turn home by Oct. IS.

The Roman Catholic priest,
who has been living in exile in
Washington, said he hoped to
bring peace to Haiti. “We say,
‘Yes' to reconciliation, ’No' to
violence. ‘No' to vengeance,
‘Yes’ to justice,” he said.

As part of the U.S. crack-
down, troops on Monday raid-
ed the headquarters of the
Front for the Advancement and
Progress of Haiti in Port-au-
Prince and detained more than
two dozen of the paramilitary
group's members.

But with thousands of weap-
ons still reportedly in the hands
of Front members and other
extremists, the potential for vio-
lence remains nigh.

Colonel Francois's departure
may defuse much of the ten-
sion. He left after his brother,
Evans, already living in the Do-
minican Republic, wrote an
open letter urging him to leave
Haiti and join his family.

After arriving at his brother’s
home in suburban Santo Do-
mingo, Colonel Franqois re-
fused to talk to reporters. “Sol-
diers don’t talk, only
politicians," he said in a state-
ment (AP. AFP)

Revenge May Be Motive in Mexico Killing

By Tim Golden

New York Times Sertice

MEXICO CITY — Prosecu-
tors will charge a former federal

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official and a fugitive congress-
man with plotting the assassi-
nation of the second-ranking
leader of Mexico’s governing
party, Josfe Francisco Ruiz
Massieu, officials said.

The prosecution of the two
men, (me of them Formerly a
close political associate of the
slain party leader’s, suggests
that the authorities' theory is
that the motive for the killing
was at least in pan personal
revenge.

But officials emphasized that
they had not ruled out the pos-
sibility that Mr. Ruiz Massieu
had been the victim of a plot
involving major cocaine traf-
fickers, conservative politicians
from within the governing par-
ty, or both.

“What is coming to the sur-
face are the resentments of
some minor politicians.” one
official familiar with the inves-
tigation said, referring to the
two suspects. “But these two

still appear to be intermediar-
ies. It is possible that there are
others behind them.”

In a letter sent to the attorney
general on Sunday, the fugitive
legislator, Manuel MuB6z Ro-
cha, admitted having taken part
in the plot, but said he had done
so largely on behalf of the for-
mer federal official Abraham
Rubio Canales.

Mr. Muhtiz also said in the
letter that he feared for his life,
alluding to contacts between
Mr. Rubio Canales and leaders
of one of Mexico’s bluest co-
caine smuggling organizations.
Officials confirmed the authen-
ticity of the letter, portions of
which were disclosed to Mexico
City newspapers.

The question of a motive for
the slaying is complicated in
part by the political origins of
Mr. Mun6z Rocha and Mr. Ru-
bio Canales in the Gulf Coast
state of Tamaulipas, a place
where political power, corrup-

tion and drugs have long been
mingled.

Both men rose there through
the ranks of the long-governing
Institutional Revolutionary
Party, or PRJL under local polit-
ical bosses who have been vari-
ously linked to hard-line fac-
tions of the party that oppose
recent moves toward reform, to
narcotics traffickers and to a
former leader of the country’s
oil workers’ union who was
jailed six years ago by President
Carlos Salinas de Gbrtari.

In 1987, the year before Mr.
Salinas was elected, be was in-
strumental in winning Mr. Ruiz
Massieu the PRI’s nomination
for the governorship of Guerre-
ro State.

At least seven other people
have also been implicated in the
attack on Mr. Ruiz Massieu, 48,
which took place as he left a
meeting in downtown Mexico
City on Sept. 28.

WARNING: REPUBLICANS THREATEN
TO SEIZE U.S. SENATE

Bob Dole. Phil Gnunxn. Jesse Helms and Ollie North
guarantee return to gridlock. That's the threat!

Fight back. Vote now for Democrats.

Only the Democratic Majority win continue constructive changa.

Voted ballots are due soon, by Nov. 4 in some stales. Mail yours immediately
or use the tree DHL Worldwide Express service by Nov. 1.

If you haven't received a baSot by OcL 24, but have appBed, gel a Federal wrte-
in baRol as a siAstitute from your Consular voting officer or Democrats Abroad.
Democrats Abroad

Fax U.S.: (703} 768-0920 • Fax Europe (Rome): (398) 487 11 49

Paid tar by Ooraociss Abroad

Ferry Owner Accused
Of Hiding Safety Data

Compiled by Our Staff From Dispatches

STOCKHOLM — The owner of the ferry Estonia and a
French classification company are refusing to make public
the vessel’s safety inspection records, the Swedish daily
Svenska Dagbladet said Wednesday.

“It is only the owner, the people who ordered the inspec-
tion, or possibly the Estonian maritime board that can release
the documents,” said Hans Olsson, the head of the Swedish
division of the French company Bureau Veritas.

According to the newspaper, numerous inspections had
been carried out on the Estonia, which sank last week off
Finland, with a loss of more than 900 lives. It said there was
an extensive five-year inspection in 1990. The most recent
inspection took place last Aug. 25, when the bow visor and
ramp were checked, among other pans, the paper said.

Mr. Olsson told the newspaper that Bureau Veritas had not
found any “serious defects.”

The Swedish maritime board is not entitled to see the
inspection reports either. Veritas is a Paris-based classifica-
tion society responsible for monitoring ships' safety, and is
therefore not subject to Swedish access- to- information laws.

A Swedish official said Wednesday that a decision about
refloating the ferry would be made in the spring, “at the
earliest.” (AFP, AP)

WORLD BRIEFS

IRA Leader Meets U.S. Congressmen

WASHINGTON (Reuters) —The bead of the political wiflgtiL ,
the Irish Republican Army, Geny Adams, met with members^
Congress on Wednesday to complete a Washington visit that fcy 1
said had made hopes for peace in Northern Ireland more of a ^
reality.” - - \

Mr. Adams, head of Sinn Fein, added a Capitol Hill stop tohi5 t
three-day Washington visit before leaving for San Francisco aid
Los Angeles. That will round out a two-week, nine-city U.S. tour. •

“The number of days we have spent here have in tbeirown way'
been quite historic,” Mr. Adams said at a news conference. He‘ •
met Tuesday for the first time with U.S. officials after President* ’■ *
Bill Clinton lifted a ban on such contact. Mr. Adams said that the.
hope for peace was “more of a reality today on the fifth of October, - \
than it was 2Vt days ago.” . ■■■

King, Defiant, to Return to Bucharest ’

BUCHAREST (Reuters) — Romania’s exiled monarch. King >
Mi chael plans to defy the leftist government and fly to Bucharest
oa Friday, his office said Wednesday.

“The long intends to be there,” a spokeswoman for the royal .*
family said from Geneva, “He has no answer from the Romanian -
government and he is continuing with his travel plans.” In a letter
to supporters. Michael said his trip was no threat to the govern-
ment. “I will arrive as a Romanian who does not intend to contest. .
the present constitutional order.” he said.

President Ion Diescu said he would not intervene to change the ■ .•
government decision to refuse Michael a visa. Michael Mr. Ihescii
said, was a foreign citizen who would need a visa and would have
to give a good reason to get one. Michael drew enormous crowds
in 1992 on his only officially sanctioned visit to the former
Communist country since he was expelled by the Soviet-installed&pv '
government in 1947. A return seems certain to provoke a confro no-
tation with the government.

Russians Sink Japanese Fishing Boat

TOKYO (AP) — A Russian patrol vessel sank a Japanese
fishing boat and seized its crew in disputed waters off northern
Japan, Japanese officials said Wednesday.

Russia notified Japan's Maritime Safety Agency that the boat
was sunk near the Kuril Islands late Tuesday, agency officials »
said. The Russian message said the captain and two crew members !
were rescued and were being detained. Russia said the vessel was
violating its territorial waters.

Japan’s Foreign Ministry summoned Russia’s ambassador (o
Tokyo to protest the incident, calling it “extremely regrettable’'
and wanting that it could harm efforts to solve a dispute over
fishing rights.

i.Thcoy Bdcairc/Accm France-Pmc

General C&tras throwing dirt on the grave of one of die 10 Haitians buried Wednesday.

In Japan, Royal Dissent Over War

TOKYO (Reuters) — A secret diary of the brother of .
Japan's wartime Emperor Hirohito reveals for the first time ,
that some members of the imperial family abhorred Japanese-;
policies that led to World War II.

The Yontiuri Shimbun newspaper said Wednesday that the:
diaries of Prince Takamatsu for the period between 1921 and§M
1947 were found in a warehouse four years after he died -
1987. Takamatsu’s widow. Princess Kikuko, is allowing tl
diaries to be published over the objections of the secretr
Imperial Household Agency. tS*:

Takamatsu, bom in 1905 as third son of Emperor Taisho^p* -
who reigned from 1 912 to his death in 1926, spent most of hfi
adult prewar life in the Japanese Navy. On Sept 1, 1941, thi^
months before Pearl Harbor, Takamatsu, then a senior navy^
Officer, wrote, of war with the United States: “We must not dcr;
this for the sake of Japan and also on moral grounds. Wren
avoid this even if we have to fight unto death.”

Turkish Troops Raze 17 Villages

TUNCELI, Turkey (Reuters) — Turkish security forces burned
down 17 villages during a two-week military offensive against
rebel Kurds in the remote eastern province of Tunceli, local
politicians and witnesses said Wednesday.

“The people whose houses were burned are in the town center,
and they urgently need tents and food.” said Musa Yeriikaya,
mayor of Ovacik township, to which the villages are jinked.

He said troops had given residents of several other villages three
days to leave or risk the same fate. Villages leaders and Tunceli
councillors sent a telegram to Prime Minister Tansu Ciller asking
for an end to an operation that left them homeless on the brink of
winter. The military says it must empty villages and group people
in large settlements to deny refuge and supplies to the separatist'
Kurdistan Workers Party, which is strong in the region.

TRAVEL UPDATE

Strike by Guards Shuts Acropolis

ATHENS (Reuters) — Striking Greek guards closed the Acrop-
olis and its museum on Wednesday, turning away hundreds of
visitors who had climbed the steep nfll unaware of the walkout.

The 5,500-member confederation of Culture Ministry employ- -, 1W , ,
ecs, who guard museums and sites throughout Greece, is demand-
ing higher pay and the establishment of its own providence fund £ • ■,

with ministry money. It said that the strike could last indefinitely *•
and could spread to other sites.

A strike is expected to slow service on the London Underground
on Thursday after pay talks between the Rail Maritime and
Transport union and London Underground broke down, accord-
ing to the Financial Times. The union’s 8,000 members, who work
as station staff, signalers and train drivers, rejected a 2.5 percent
pay offer that London Underground said was final (AFP)

Ghana Airways is to begin services to the United States as
planned despite a U -S. ban on Ghanaian carriers, an airline source
raid Wednesday in Accra. Corporate Planning Director Adu
Gyamfi said a license had been granted on the strength of a get-

on I riant** in Ivan irhirh ------ P ■ er . ,

ay From P*

.'..Nr

ion

_ _ ' . - L , cr uiv vt n

Paris Chase Ends in Couple’s Rilling 3 Policemen to “ ***

A group of Musflm tourists from Gulf Arab states has booked a
tour of Israel with an Israeli airline, Aiiria airlines, in what would
be the first visit to Israel by Gulf nationals, an airline official said
Wednesday in Jerusalem. The visit is set for March. ( Reuters )

Compiled by Our Staff From Dispatches

PARIS — A young couple
tear-gassed two policemen,
stole their guns and set off a
wild chase through Paris, killing
three police officers and a taxi
driver they had commandeered
before the rampage ended with
their capture.

Three other officers and two
civilian passers-by were injured
in the incident Tuesday mghL

The suspected killers, a teen-
age girl and an unidentified

young man. were captured after
a shoot-ou L The male suspect,
believed to be 21, was shot in
the head and stomach, and was
hospitalized in very serious con-
dition and unable to speak.

The woman, 19, refused to
talk to police. She was identi-
fied as Florence Ray, from the
working-class suburb of Argen-
teuil She and her companion
had been living as squatters in
an abandoned building.

Their motive remained a

mystery, but investigators sug-
gested that the pair felt alienat-
ed from society.

To make their getaway after
seizi n g the police guns, the cou-
ple commandeered the taxi Af-
ter the driver deliberately drove
into a police car. the couple
opened fire, killing the police-
men and the taxi driver.

Rightist political leaders, in-
cluding Jean-Marie Le Pen of
the far-right National Front,
said the best response would be

to reinstate the death penalty
for certain offenders. France
abolished capital punishment
in 1981.

Police unions demanded that
the government provide more
funds and manpower for law
enforcement. And about 500
taxi drivers assembled their ve-
hicles in honor of their slain
colleague, Amadou DiaHo, 49,
an i mmigra nt from French Gui-
ana.

(AP. Reuters)

European airfine passenger traffic grew by 55 percent in August
over the same month last year, usually the airlines’ busiest month,

the Association of European Airlines said in Brussels. (Reuters)

. ~ ■ TZ,-. uas vorea to Dan smoking on

all international flights to and from the United States. The bill
now goes to the Senate, but an aide said no action was expected

(rmm)

foST* 1188 eXteo ? ed 7“* for Japanese visitors

through 1995 to promote tourism, the Justice Ministry stud
Wednesday m SeooL J

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. - . , ->■ As jUPPf

James Baker Joins Parade of Republicans Aiding North

■**

ok

. -v c Maureen Dowd overiookmg the Potomac River, Mr.

V Aic - Baker explained why he was support-
ALLaANDRIA, Virginia — The mg the candidate whom Ronald Rea-
• u '. : man who was a major force in the gan publicly renounced early in the
. success of the Reagan While House campai gn

has come to Virginia to pay coun to Asked if he thought Mr. North was
■' .7: w **osc actions could have top- trustworthy, given ms involvement in a

7 p'** ,u _ plan that basically hijacked foreign

James A. baker 3d, the former policy in the Reagan administration,
< . White House chief of staff, secretary of by providing illegal aid to the contra
lt the Treasury and secretary of slate, rebels in Nicaragua, Mr. Baker said, “I
joined the pilgrimage of Republican am confident enough to support his
' ... presidential prospects campaigning candidacy and to be here tonight.”
with Oliver L. North in his attempt to He added that he did not remember
■\ join tbe Senate he once defied. any instance “where I was personally

Like Senator Bob Dole of Kansas, involved” in which Mr. North had
.. : who campaigned with Mr. North last been untrustworthy.

.- month, Mr. Baker cannot afford to Mr. Baker's appearance, which
alienate the conservative Republicans pleased some Republicans, surprised
and members of the religious right in others and disappointed still others.
Virgmia and around the country who was taken as the surest sign yet that he
•’ • support the former National Security was seriously considering running for
. ■> Council offidaL This group will play a president in 1996.

' . '• major role in the selection of the 1996. . Asked whether this was a sign that
- Repu b lica n presidential nominee. he was running, Mr. Baker grinned
: Mr. Baker, who gained a reputation and gave one of his trademark equivo-
; as an official who knew how to asso- cations. “I’m r unning for the county
7 date himself with success and distance line," he said. Growing more serious,
1: >. -^umself from failure, seems to have he added, “It's too early to rule it in or
. 'decided that Mr. North is destined for ouL”

WliitaD s**®*®-, . Mr. Baker, who helped the North

lu sifc In an interview after his appearance campaign raise $50,000 on Tuesday
s TUesday night with Mr. North at a night, followed recent appearances by
. r fund-raising event at a posh home former Vice President Dan Quayle;

Mr. Dole; Senator Phil Gr amm of
Texas, and Jack F. Kemp, the former
secretary of housing and urban devel-
opment. Mr. North also received a
letter of endorsement from former
President George Bush.

Sitting in an office in the house on
the Potomac, Mr. Baker told a group
of reporters that he had decided to
endorse Mr. North because “having a
Republican Senate is extraordinarily
important"

He added: ‘Tve lived through the
experience of having one and not hav-
ing one. If you had spent 20 years
working to build the Republican Party
the way I have, you would know that
it’s important to support the party’s
nominees when they have an excellent
chance to get into a legislative body
like the Senate.”

He said be saw no irony in his sup-
port of a man who was in the center of
the scandal that could have derailed
not only Ronald Reagan but also Mr.
Bush.

“I don’t see any irony there," be
said “I’ve already told you that I don't

absent from the national stage since
his unsuccessful turn as Mr. Bush's
1 992 campaign manag er, noted that he
had been in 20 states recently, cam-
paigning for Republican senatorial
candidates.

Mr. Baker did not say anything criti-
cal of Senator Charles S. Robb, Mr.

support, after the initial reluctance by
Reagan officials to laid a hand, Mr.
North smiled and said, “Yeah.”

“They want a Republican U.S. Sen-
ate,” he said “I do, too.”

Not everyone was pleased with the
events Tuesday night When asked
about Mr. Baker’s appearance, Warren

North's Democratic opponent. And he ML Rudman, the former Republican
said he was a “good Fneod” of Senator senator from New Hampshire, who
John W. Warner’s. Mr. Warner is the was a co- chair man of the special
Virginia Republican who has come out House-Senate panel that interrogated
against Mr. North’s candidacy and has Mr. North in 1 987, said:
thrown his support behind J, Marshall “I find the whole thing disturbing,
Coleman, a Republican running as an frankly. But 1 guess I’m in a minority. I
independent personally strongly held the view that

he was lying to Congress and that

Using precise language to explain a

decision that he cast as a purely politi- means lying to the .American people.

,.i , I ■ s «_• ■ I- . »rr T j ..

cal one, Mr. Baker explained his posi-
tion by saying that be had even cam-
paigned for an incumbent Republican
— identified by an aide as Senator
James M. Jeffords of Vermont — who
supported President Bill Clinton's
health care program, “with which I
violently disagree."

As for Mr. North, who was wearing
a dark suit and cowboy boots, an outfit

And that is a serious offense. I don't
care if be was released on a technical-
ity."

Mr. North was convicted in 1989 of
aiding and abetting and obstruction of

agree with some of the things he did' that Mr. Baker favored when he was a
and said. That doesn’t mean that I Washington official, he greeted Mr.
would not prefer to have Republicans Baker with a respectful smile and “Sec-
get control of the Senate. It could well rotary, how are you?”
come down to one seat.” When asked if he was pleased with

Mr. Baker, who has been largely the parade of big-league Republican

gal gratuity. The convictions were
overturned on appeal because his trial
had been “tain tod" by testimony he
gave under a grant of immunity during
the congressional hearings.

Mr. Rudman added: “The pilgrim-
age to Virginia just proves, as a Repub-
lican leader once said, that ‘Some days
you just have to rise above principle.’ ”

Walking Every Mile Together

At White House, Clinton Vows Continued Aid to Mandela

7 \ ife

Dennis Coak/Tbe AuodaBd Pre&t

President Mandela speaking at a White House ceremony as President Clinton looked on.

By Maiy Ann French
and Donnie Radcliffe

Washington Post Semce

WASHINGTON — They came from opposite
sides of the racial divide, cufferent shores of the
sea and separate generations. But President Bill
Clinton reminded President Nelson Mandela of
South Africa that they are in similar straits as
leaders of countries where equality is still far
from reality.

Mr. Mandela was here looking for money and
material investment to battle a new war, one
against poverty, hunger, joblessness, homeless-
ness, disease and illiteracy — obstacles that have
yet to be overcome in the United States.

Mr. Clinton, calling himself a “child of the
southern part of our country who grew up in a
segregated environment and saw firsthand its
horror and debasement," has offered the help of
the United States in solving the continuing prob-
lems of South Africa.

“We will walk every mile with yon," Mr.
Clinton told Mr. Mandela in an official state
welcome on Tuesday, “and trill not grow weary
on the way.

“The struggle in South Africa has always had a
special place in the heart of America,” Mr. Clin-
ton continued. “For after all, we fought our own
most terrible war here in our own land, over

slavery. And our own civil rights movement has
taken strength and inspiration from, and given
aid to. your fight for liberty. Americans take
great pride in the role we played in helping to
overturn apartheid, and in supporting the Tree
elections which produced your presidency.”

The two presidents continued a sober celebra-
tion of their alliance at a state dinner.

Mr. Clinton read an excerpt from a letter Mr.
Mandela wrote during his 27 years as a political
prisoner to his daughter Zinzi Mandela- HI ong-
wane, who is traveling with him.

“While you have every reason to be angry with
the fates for the setbacks you may have suffered
from time to time," he read, “you must vow to
turn those misfortunes into victories. There are
few misfortunes in this world you cannot turn
into personal triumphs if you have the iron will
and necessary skills."

Mr. Clinton then turned to his guest and said:
“President Mandela, you have shown us the iron
will and the necessary skill.”

Mr. Mandela, in turn, raised his glass and said
gravely: “The United States and its people
played a significant role in the straggle against
apartheid and all that it stood for. We salute you
for taking our concerns as your own.”

APOLITICAL NOTES A

Perot’s Advices Give Republicans a Turn

WASHINGTON — Ross Perot, the independent 1992
presidential candidate, is proposing that Americans “send a
message" b\ giving Republicans control of both houses of
Congress.

"J have a simple proposal for the American people." Mr.
Perot said on CNN’s “Larry King Live." The proposal was
that, with few exceptions, Americans vote only for Republi-
can candidates in House and Senate races this November.

Mr. Perot asserted that Democrats had not done a good
job in their stewardship of Congress. In the past, Mr. Perot
has been equally critical of Republicans, particularly Presi-
dent George Bush.

Mr. Perot urged voters to “give the majority — there arc
some great Democrats there and you don’t want to wipe them
out — but, by and large, give the Republicans a majority in
the House and Senate and say. 'All right, now, we're going to
let you guys have j turn at bat.' "

Republicans need to win seven seats to capture the Senate
and 40 seats to gain control of the House. (AP)

Got a Question? They Have the Answer

WASHINGTON' — These days, with everybody tap-tap-
ping into computer nets to find out everything from hog
prices to MTV'sTop MX it might he comforting to know that
you can still get the answer to almost anything with a simple
phone call.

The venerable Federal Information Center, started by
Lyndon B. Johnson in 19o5 in “wage war on gobbledygook."
handled 99.000 calls in one recent momh front people who
had questions for the federal government.

The information center ran (ell you anything the federal
government knows which, despite rumors to the contrary'-
practically anything at all.

“Today someone called me who was playing some kind of
game in his office, and he knew the first few words of a
national anthem, but he didn't know where it came from,”
said a center specialist. David Hare. But the Library of
Congress had a book on il — they ha\c books about
excrvihing — and Mr. Hare told his client where to get a
copy.

The number is I -SOU-347- 1997. A tape recording asks you
to punch a number if you want to talk about any of'the
center's top four topics: getting a federal job; income tax;
immigration: Social Security.

But wait. If you press 5 for “information on other federal
agencies or programs." interesting things happen. Without
much delay, a pleasant- voiced person like Mr. Hare comes on
the phone offering help for any harebrained scheme or Trivial
Pursuit answer you could wish. ( If 'PI

First Lady’s Brother Wins Florida Runoff

MIAMI — Hugh Rodham. Hillary Rodham Oimon’s
brother, appeared to be the undisputed winner Wednesday of
a runoff election to determine the Democratic candidate for
Senate from Florida.

With 99 percent of precincts reporting. Mr. Rodham, a
Miami lawyer, had 58 percent of the vole, compared with 42
percent for his opponent. Mike Wiley, an unemployed talk
show host from Orlando, election officials said. (Reuters)

Quote/Unquote

Agriculture Secretary Mike Espy, in Missouri for a sympo-
sium le&s than 24 hours after he announced his resignation
after months of questions about his use of government perks
and acceptance of gifts: “I’m delighted" to be here. I'm
delighted to be anywhere outside of Washington." (AP)

FI ! I’imT ,

Away From Politics

• Hie judge in die Oi. Simpson murder
case has intensified his battle with news
organizations by banning the second
largest newspaper in Los Angeles from
his courtroom because erf a leaked story.
Judge Lance A lto was punishing The
Daily News for an article about a ques-
tionnaire for potential jurors, which the
paper obtained a day before it was offi-
cially released. The Daily News chal-
lenged. his ruling as usconstituticntaL

• A federal judge in San Francisco has
declared California's gas chamber
“is inhumane and has no place in civi-

lized society” and has ruled it unconsti-
tutional If upheld, the ruling would re-
quire the state to execute prisoners solely
. by lethal injection, a method added as an
option by state law in 1992.

• A bomb threat forced an Aeroflot air-
liner to make an emergency landing in
Gander, Newfoundland. The Moscow-
Chicago flight continued after a search.

• The Postal Service wffl begin accepting
credit and bank debit cards at 33,000 of
its post offices. Officials said it would
take two years to phase in use of credit

cards across the nation. They have been
in use at 550 test sites in Washington,
D.C, Orlando, Honda, and Dallas-Fort
Worth for 15 months.

• The Board of Education In Hartford,
Connecticut, has agreed to turn over the
day-to-day operation of the city’s 32
schools to a contractor, making Hartford
the first community in the country to
completely privatize its public school
system, the decision follows years of
frustration among p area is and educators
with the performance of the city's
schools. AP. LAT. »T

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Oklahoman Shuns Clinton’s Coattails

! 5*-

at* !?■•“**

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«**«-*'* ’

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j * "■ " '

w. By R.W. Apple Jr.

New York Times Service

OOLOGAH, Oklahoma —
President B31 Clinton is proba-
bly more unpopular in this state
than in any other, says one of its
senators, David L. Boren, a
Democrat who is retiring this
year.

“When BUI Clinton ran for
president, people here hoped he
was one of them," Mr. Boren
explained in an interview. “Our
guy next door, they thought.

New Democrat, a lot less liberal
than Dukakis or Moodale or
Carter."

He was referring to two for-
mer Democratic presidential
candidates. Michael S. Dukakis
and Walter F. Mondale, and
former President Jimmy Carter.

“So be carried the state,'’ Mr.
Boren continued. “Now they’ve
decided he ran under false col-
ors, and that has infuriated
th em. "

Which is why Representative
Dave McCurdy, the Democrat
who is running for Mr. Boren’s
seat, is so frustrated. The more
he tries to suggest that he is a
real New Democrat, unlike Mr.
Clinton, the more bis Republi-
can opponent, Representative

James M. Inhofe, portrays him
as a Clinton done.

If the president has a champi-
on in Oklahoma this midterm
dection season, his voice is
faint, and his sword is dulL

Mr. McCurdy has not invited
Mr. Clinton to come to Oklaho-
ma to campaign for him. When
he is asked whether he intends
to, he replies that he has asked

the country singer Garth
Brooks instead.

A survey taken lasL weekend
by Kielhora & Associates, a
Democratic consulting firm,
put Mr. McCurdy 6 percentage
points up; a poll completed
only a few days earlier by Cole
Hargrave Snodgrass & Asso-
ciates, a Republican firm, gave
Mr. Inhofe a 5-point edge.

Gary Copeland, a political
scientist and associate director
of the Carl Albert Center at the
University of Oklahoma, said
be was “as confounded as any-
body by the disparity."

But he said he considered an
Inhofe victory improbable be-
cause of the huge Democratic
registration edge in the state
and Mr. McCurdy’s greater

prominence.

The race here, one of a hand-
ful that trill help decide which

party controls the Senate for CounriL said he had been dis-
ihe last two years of the presi- appointed by what he termed
dent’s term, is like many this the president’s “screwed-up pri-
year, only more so. orities.”

Few Democratic candidates
are eager to embrace a presi-
dent down on his political luck,
and voters everywhere speak erf
their disillusionment with Mr.

Clinton on questions like family
values and personal responsi-
bility.

“Every time the president has
needed a vote,” said Mr. Inhofe
on Monday at the Liberty Glass
Co. factory in Sapulpa, near
Tulsa, “Dave McCurdy has
been right there with him — on
the budget, for example, and
gun control."

Mr. McCurdy, a leader on
Capitol Hill who succeeded Mr.
Clinton as chairman of the cen-
trist Democratic Leadership

‘Tve been critical of him
from Day 1 on foreign policy,"
Mr. McCurdy said. "He should
have been concentrating on
Russia, China, Korea, the Mid-
dle East, but instead he's been
messing around in Bosnia and
Somalia and Haiti. I wanted
more spending cuts, and I spon-
sored alternative health care
and welfare reform bills."

Oklahoma is a deeply conser-
vative state, especially on what
voters term “the morality is-
sue," a heading under which
they group questions about the
president’s private life and top-
ics like abortion, homosexuals
in the military and pray
public schools.

•*

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Page 4

THURSDAY, OCTOBER 6, 1994

©PINION

llcralb

INTERNATIONAL

Pabli*hrd With Tin? iVw York Hmrs and The Waskinylnn Pb#t

eribunc Disaster for Bosnia Muslims Unless the Sellout Stops

Washington Fbat %J

Maybe a Vote for Chang

Just possibly, it is the end of the Kohl
era after alL When Germany votes in 10
days' time, the man who has led it for the
past 12 years, from half-country to Eu-
rope’s greatest power, may not be the
winner he seemed only a few weeks ago.

It would not be Helmut Kohl's own
fault Over the summer the doughty old
fighter has rallied his Christian Democrats
out of their early- 1994 retreat in the opin-
ion polls. His chief opponents, the Social
Democrats, have wilted under the gray

leadership of Rudolf Scharping. If Mr.
Kohl loses, it will be because the underpin-
nings of German politics have shifted.

Although the polls say clearly they will
survive, the Free Democrats, junior part-
ners in almost every modem German
government, right or left, conceivably
might not make it to the Bundestag. Their
beloved Hans-Dietrich Genscher pulled
out of politics, exhausted, two years ago.
A party of Lhe musing center may anyway
noL be what the voters of the powerful
new Germany warn. Beaten in a series of
recent stale ejections, the Free Demo-
crats could fail to win the 5 percent of the

vote they need to claim any seats on Oct.
16. And without them Mr. Kohl cannot
co mman d a Bundestag majority.

The Social Democrats cannot win out-

right, either. But Mr. Scharping, unlike
Mr. Kohl has the necessary underpin-

Mr. Kohl has the necessary underpin-
nings. The Greens will almost certainly
hold a chunk of the new Parliament. The
ex-Communists of the Party of Demo-
cratic Socialism may win enough seats by
direct vote in Eastern Germany to be
there as well If the Greens vote for Mr.
Scharping and the PDS does not vote
against him, here could be the makings of
a new. Social Democrat-led coalition —
or, at the least, a clumsy mating of Social
Democrats and Christian Democrats
which would probably eject Mr. Kohl
from the chancellorship.

This would not necessarily be the best
answer for either of Germany' s two main
current problems. At home, the Germans
must get their public-sector deficit, swol-
len by unification, under control The
Kohl government is heading for a healthy
improvement next year, the Organization

Russia’s Stolen Paintings

The Hermitage Museum in SL Peters-
burg has given a sardonic twist to Andre
Malraux’s description of the arts as “the
voices of silence" For nearly SO years, the
museum has maintained total silence
about scores of French Impressionist and
post-impressionist p ainting s. Most were
the lawful property of a private collector in
Weimar. Many were listed as lost or de-
stroyed in Germany during World War H,
when intact they lay hidden in the muse-
um. So closely was the secret kept that
Mikhail Pyotrbvsky. the Hermitage’s di-
rector, did not see the paintings until 1991 .

Mr. Pyotrovsky has now arranged for
the public showing in March of such lost
masterpieces as Degas's “Place de la Con-
corde." But on the matter of returning the
paintings he is evasive, saying tins is “a
legal question.” In truth, that legal ques-
tion was settled in 1954, when the Soviet
Union signed the Hague Convention for
the Protection of Cultural Property, call-
ing for restitution of captured artworks.
In 1990, Moscow signed an agreement
with Germany binding both countries to

return the art uprooted by each side.

A joint commission was supposed to
catalogue missing works, ran ging from the
celebrated Amber Room, stripped from a
czarist palace by German troops, to
Schliemann's Trojan treasure, seized in
Berlin by the Red Army. But the accord
has yet to be executed as President Boris
Yeltsin defers to nationalists who view
loot as reparations. New skeletons keep
tumbling from museum storerooms, sug-
gesting Russia may also be hiding the
Buddhist paintings from the SQk Road,
once amoug the great prizes of Berlin.

Granted, it was long common practice
for conquerors to plunder art, and light-
fingered UJS. soldiers have grabbed their
share. But rules have changed; the Yeltsin
government seeks the restitution of czarist
properties elsewhere. It is hard to reconcile
this with Russia’s dreadful example of
looting masses of art, hiding it and then
claiming that possession is 90 percent of
the law. Why not instead a festival of
exhibitions, as a prelude to restitution?

— THE NEW YORK TIMES.

Truth and the Trade Bill

The trade bill being weighed by the U.S.
Congress would incorporate into law the
terms of the new world trade agreement
Through tariff cuts and other means, it is
expected to generate a strong expansion of
the American and world economies. The
fear among some is that it will cost the
United States jobs; in fact it will have Lhe
opposite effect. Nor will it lead to the
erosion of U.S. sovereignty, a weakening
of health and safety, labor or environmen-
tal standards or a higher deficit.

The Washington Post has been at-
tacked in recent days on grounds that its
editorial support for the trade bill masks
and is the result of a provision that would
benefit The Washington Post Co. That is
plain false. The newspaper has been a
strong and tireless supporter through
three administrations of the international
negotiations that have now given rise to
this bill. More than 400 editorials have
been published in that period on the
subject of trade. Virtually every one has
been tilted in the direction of freer trade:
many have endorsed provisions now part
of the trade agreement: all but a few
appeared before the bill and the revenue
provision in question were even drafted.

We of The Post editorial page try to
keep abreast of provisions in which The
Post Co. has a commercial interest so that
we can acknowledge them when they
arise." Usually we do so. We failed to do
so here: it was a mistake. What we should

have known and said about the trade bill
provision is as follows; It involves the
price that will have to be paid for a
license to provide advanced cellular tele-
phone service by a company in which The
Post is a major investor and 70 percent
limited partner. The critics describe the

E rice as a deep discount; The Post Co.
K)ks at it as anything buL The license

looks at it as anything but. Hie license
was originally supposed to be free. It was
one of three awarded by (he Federal
Communications Commission in a na-

tional competition meant to encourage
companies to invest in new wireless tech-

companies to invest in new wireless tech-
nology. After the company in which The
Post has its interest won the competition,
the FCC changed its mind and said it
would charge for the license. The possible
proceeds were then seized upon by the
administration and others looking for fu-
ture revenues to offset the tariff losses
under the trade bill. The license fee in the
bill will be less than the fee would have
been as proposed by the FCC. But the
provision that officials of rival companies
are calling a gift. Post company officials
regard instead as a breaking of the gov-
ernment's word and a dunning.

Either way, the revenue provision was
at a basis for the editorial. Nor does it

not a basis for the editorial. Nor does it
seem to us to be a basis for voting either
way on the bill. We continue to think, as
we have all along and for the same rea-
sons, that the trade bill ought to pass.

— THE WASHINGTON POST.

International Herald Tribune
ESTABLISHED I8K7

KATHARINE GRAHAM. ARTHUR OCHS SULZBERGER
CtfChuirmtn

RICHARD McCLEAN, Publisher &- Chief Executive
JOHN V1NOCUR. Executive Edhor 4 Vkr Prados

• Walter wells. .vm Edaer • Samuel abt. Katherine knorr and

CHARLES MTIXjHELMORE, Deputy Edison • CARL GEWKIZ, AstonateEdJar

* ROBERT J- DONAHUE Edaienj'the EJhurinJ Alps • JONATHAN GAGE, Business and Finance Editor

• RENE BONDY. Deputy /’wM.tfcr* JAMES MtLBOD. Advertising Dveacv

• JUANTTA l CASRARL haenkitiiml Deidfgmem Director • ROBERT FARRt, G/ndcnxm Director. Europe

Dincicurde fa PuNkatun: RkhirdD. Sermons
Dtneuvr. Adjoint <k kt Pubhaitkirv Katharine P. Damnv

W ASHINGTON — When the Clin-
ton administ ration announced last

for Economic Cooperation and Develop-
ment reckons; but the Social Democrats
would almost certainly want to spend
more on welfare. Abroad, Germany has
to put its soldiers where its mouth is. But
the Social Democrats are deeply diffident
about letting the German Army serve
abroad and the Greats, given a chance,
would take an axe to the military budget

Even so, Germans can make a case for
saying that their country needs a change at
the top. Mr. Kohl has held power longer
than Margaret Thatcher and almost as
long as Francois Mitterrand, both, for
different reasons, examples of the danger
of bolding the top job too long. He has
been an excellent leader of a rising coun-
try; hard-working, master of his brief, a
skillful deal-maker, brutal when necessary.
Many consider his experience and Europe-
an connections of invaluable worth to his
neighbors. But is he what this end-of-the-
ceatuiy Germany needs?

Mr. Kohl does not have Willy Brandt’s
(and Ronald Reagan’s) power to warm
the heart even when the mind disagrees
with him. His armory omits both Lady
Thatcher’s compelling passion and what
had been, until recently, the above-it-ali
authority of Mr. Mitterrand’s later years.

The Germans' chief task in tire next
few years, even more demanding than
budget deficits or military planning, is
how to reconcile other Europeans to re-
united Germany’s forbidding strength.

This new strength confuses France, be-
cause it challenges France’s 40-year-old
belief that it can base its policy on an
assumption of equality with Germany. It
worries the new democracies of Central
Europe, because they do not wish to be
swallowed up by German economic pow-
er. It contributes to Britain’s reluctance
to bind itself more tightly into Europe. It
is one reason why Russia wants to resume
the command of its “near abroad."

The winning of acceptance for this new
Germany requires a new impetus from
German leadership. Now, a tiring Hel-
mut Kohl master of an earlier era, may
not necessarily be the man charged to
provide it

INTERNATIONAL HERALD TRIBUNE.

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YY ton administration announced last
week that it would delay seeking an end
to the United Nations arms embargo
against Bosnia for six months, critics
immediately charged that this was a bra-
zen, abrupt sellout of the Muslim-led
government

The critics are wrong.

This is a subtle, slow-motion sellout
of the Muslims.

Actually the second view is not right
either. The White House is simply buying
time, to try to change the awful circum-
stances it faces in Bosnia. But the result
could wind up bong close to a sellout if
the United States is unable to deliver on
the promises of increased aid and protec-
tion it gave the Bosnian government. The
Bosnians eased the political pressures on
Mr. Clinton by endorsing tire six-month
delay in the American effort to get the
Security Council to lift the arms embargo
against Bosnia.

The most important promise is to pro-
vide stronger and wider NATO air
strikes to protect Muslim dries from at-
tack by encircling Bosnian Serbian forces
this winter. To fulfill that promise Wash-
ington needs tire cooperation of the Unit-
ed Nations and of its key allies in NATO.

By Jim Hoagland

But the United Slates is encountering
strong opposition from both the United
Nations and NATO, spearheaded by the
British commander working for the Unit-
ed Nations in Sarajevo, Lieutenant Gen-
eral Michael Rose.

In Bosnia, the UN is committed to a
traditional peacekeeping rote, which
means not taking sides — especially not
against the Serbs, the stronger military
force that has tire capability of over-
whelming UN forces and cutting off all
supplies. Sir Michael insists that his forces
will not cross what he calls “the Mogadi-
shu line" of getting involved on one side in
a civil war, as U.S. troops did in So m al ia .

“General Rose is waging a diplomatic
war with the United States, not with lhe
Serbs," one angry U-S. official said this
week. The statement, full of understand-
able hyperbole and frustration, reflects
how scratchy relations between Wash-
ington and London have become on Bos-
nia. That in tern shows that American
efforts to use the Bosnian conflict to
main tain NATO as the chief instrument
of American military presence and power
abroad are also in deep trouble.

The retreat on lifting the embargo spot-

lights how far Mr. Clinton, who came to
office determined to prevent the legitimiz-
ing of “ethnic cleansing” and aggression in
Bosnia, has moved. Washington is willing
to settle for far less today.

The immediate UJS. goal is to help
Bosnia's embattled Muslim government
survive the bitter winter of no war, no
peace. The Bosnian Serbs encircle and
squeeze Muslim cities but do not overrun
them and the British, French, Dutch
- and other peacekeepers stationed there
under UN mandate.

President Alija Izetbegovich’s govern-
ment in Sarajevo also seems to have come
to the conclusion that a continuation of
the existing stalemate is its best available
option. The Muslims, despite increased
clandestine arms supplies and better or-
ganization. are not ready to take on the
Serbian forces in decisive battles.

But there is a joker in the deck: If the
Muslims are buying tune, is it in the Serbs'
interest to sell? Or might they decide they
now have to finish the job in the next six
months, before the embargo comes off?

Defense Secretary William Perry
sought on Monday to get a commitment
from Lieutenant General Rose's civilian

boss, the UN special representative Ya-
sushi Akashl for stronger air strikes if
the Serbs step up their attacks. But news
agencies reported that Mr. Akasbi de-
clined to give Mr. Perry a blanket ap-
proval for NATO strikes to back up UJS.
promises to the Bosnian Muslims of
greater protection in place of a lifting
of the embargo.

Politically, the United States has cho- .
sen sides in Bosnia. But militarily, it is
the captive of a UN bureaucracy that
does not believe in choosing sides. This is
a road map to a dead end.

In Haiti, the United States is not con- :
d ucti ng peacekeeping, despite the fig leaf
of a UN peacekeeping mandate. Haiti is
a U.S. intervention with the dear pur-
pose of kicking one political group, out
and installing another.

There is no such clarity of goals or of
Hiwwn in Bosnia. The Clinton administra-
tion has taken the risky step there of
promising a degree of protection that it is.
unlikely to be able to provide. That is not
quite the same thing as a sellout. But
unless the United States is ready to
change, or ignore, the UN’s accommoda-
tionist stance toward the Serbs, it could be
just as disastrous forthe Mustims.

The Washington Post

Don’t Reward Milosevic’s Maneuver

W ashington — Before
the West starts congratulat-

YY the West starts congratulat-
ing itself for driving wedges be-
tween President Slobodan Milo-
sevic and his Bosnian Serbian
clients, consider who gains the
most from Mr. Milosevic's latest
maneuver to “close” the border
across the Drina.

It was a foregone conclusion
that the Bosnian Serbs would
reject the peace plan advanced
by the five-nation Contact
Group .The problem for Mr. Mi-
losevic was how to deflect the
West's anger and distance him-
self from his obdurate Bosnian
cousins. He feared that if they
didn’t sign, the West would
tighten the UN economic sanc-
tions on strapped Serbia. The

By Frederick Cuny

best way to slip a tightened
noose, he concluded, was to an-

noose, he concluded, was to an-
nounce that he, too, would put
sanctions on the Bosnian Serbs.

Mr. Milosevic knew he would
face skepticism. In fact, the
United Nations demanded that
he allow the stationing of inter-
national monitors on the border
to prove his seriousness.

So Mr. Milosevic did a deft
about-face. At first, he promised
his people he would not allow
foreign monitors on Serbian sofl.

Then, in August, he agreed after
all to permit the European Union
to station observers to verify that
Yugoslav customs officials were
halting all but humanitarian aid.
But there could be only 135 of
them, when an estimated 500 to
800 would be needed. Nonethe-
less, UN, Western and Russian
officials began to lobby for a re-
laxation of the sanctions against
newly “reasonable” Serbia.

By making this minor conces-
sion, and dumping the Bosnian
Serbian leader Radovan Karad-
zic, his political rival Mr. Milose-
vic not only avoided strengthened
sanctions but opened prospects
for easing them. He is not, how-
ever, giving up on the idea of
grabbing more of Bosnia.

To Mr. Milosevic, the plan
awards enough of Bosnia to the
Serbs to make it acceptable for
now, and it buys him time to take
more later. The West is gambling
that be will put sufficient pres-
sure on his Bosnian clients to sign
the plan and end the war. But is
Mr. Milosevic really ready to give
up Serbian gams in Bosnia? Or in
the Kxajina? Giving up Greater

Serbia and losing Yugoslavia
would be the end of his career.

What is happening? Mr. Milo-
sevic has a g ain outwitted the
West. For now, he has little need
to send supplies across the bor-
der. The Bosnian Serbian Army is
known to have large stockpiles of
ammunition and fuel

In any case, the border-moni-
toring regime verges on mad-
ness. The monitors arc to be sta-
tioned only on the Serbian and
Montenegrin borders, not in the
Serbian-held Krajina, where
arms have crossed for two years.
The 135 monitors will be suffi-
cient to watch only about 15
crossing points. The head of the
monitoring team has said 48 lo-
cations should be watched.

The frontier is long, 527 river
kilometers (325 miles), and
mountainous. The river banks are
heavily wooded. At many points
the water is narrow and easily
bridged. A tougher monitoring
system than this hasn’t enforced
the sanctions on porous Serbia.

Helicopters are another way
the Serbs could ferry supplies
into Bosnia. Long ago, com-
manders of the flight-exclusion
zone apparently decided not to
shoot down the helicopters that

SERBIAN

POKER

'Bp JEAN Is Der Sudani (Vkmt C*W 9p&BK.

violate the zone daily — thou-
sands of illegal flights to date.

The American administra-
tion should be waxy of being
sucker ed again by the Europe-
ans, who are anxious to ease the
economic sanctions against Ser-
bia. Relaxing sanctions now
would be a major mistake. Once
they are loosened, it will be im-
possible to tighten them again.
Ideally, the West should ratchet
the sanctions mi Serbia even
tighter to ensure that Mr. Milo-
sevic's break with Radovan Kar-
adzic is strategic and not just
personal and tactical. That, how-

ever, does not appear posable.

At a minimum-, the United
States should make it dear that
the “reward 1 * for Mr. Milosevic's
recent maneuvers to avoid tough-
er sanctions will be limited to not
ti g h tening them, at least for now.
Instead, the talk is of easing sanc-
tions. Who is snookering whom?

The writer is president of Inter-
tect, a professional consulting
firm in the field of disaster relief;
he has been working in Sarajevo

he has been working in Sarajevo
for two years for the Soros Foun-
dation. He contributed this com-
ment to The Washington Post-

A Leader Unwilling to Govern Leads a Near-Ungovernable Nation

W ASHINGTON — An argu-
ment can be made that the

Vy meat can be made that the
United States has become ungov-
ernable. Certainly it is not being
governed by its president Real
power has leaked out of the Clin-
ton administration- Is this Mr.
Clinton's fault, or is he the victim
of impersonal forces?

His efforts to get his domestic
agenda enacted have systemati-
cally been blocked by the Repub-
lican minority, in provisional alli-
ances with Clinton opponents
within the Democratic Party.

By William Plait

Foreign policy has slipped out
: his control U.S. policy toward

of his control. U.S. policy toward
Haiti and North Korea was taken
out of bis hands by former Presi-
dent Timmy Carter, who repudiat-
ed Mr. Clinton's Haiti policy as
something of which he was
“ashamed.” Mr. Clinton accepted
that without a visible flinch.

Haiti policy now seems a daily
improvisation. The secretary of

state and the national security ad-
viser, meanwhile, are at odds; the
former is on his way out.

Blame for Mr. Clinton’s frustra-
tion ordinarily is assigned, by his
friends, to a partisan and bloody-
minded Congress, and an irre-
sponsible press. This is true, up to
a point. Congress certainly is ob-
structive and short-sightedly parti-
san to an extent not seen since
World War II. Mainstream press
and broadcasting also have been
cruder to Mr. Clinton, for more
frivolous reasons, than to any of
his postwar predecessors.

The feeling is common in Con-
gress and among the Washington
press that the Clintons and their
friends from Little Rock are wet-
ting what they deserve for having
assumed (as one experienced sen-
atorial campaign manager said to
me last week) that because they

were “the smartest people in Lit-
tle Rock,” they could ignore the
advice of the smartest people in
Washington. The smartest people
in Washington didn’t like that
and have taken their revenge.

Mr. Clinton also has created
his own difficulties by an unwill-
ingness to govern. He talks too
much, constantly consulting
press and polls on what he might
or might not do, in whav Stanley
Hoffmann of Harvard two years
ago described as “an endless aca-
demic seminar which never comes
to a conclusion." This has robbed
Mr. Clinton of the authority of
his office. A president is sup-
posed to announce policy, not
talk it over with reporters.

This trifling with decisions also
contributes to his loss of priori-
ties. The president could proba-
bly have had GATT ratification

earlier this year had he put his
mind to il His Senate friends
warned him of mounting danger,
but he did not act on the GATT
problem until the summer had
ended, which allowed the enemies
of reform to counterattack.

Now there has to be a special
Senate session to deal with the
bill and GATT might not pass.

Mr. Clinton is ahx> the victim
of two characteristics erf Ameri-
can society that have weakened
its capacity to deal with its prob-
lems. The constitutionally in-
stalled division of government
powers, together with the coun-
try’s adversarial legal system,
have made it extremely difficult
for the executive branch at any
level of government to get a deci-
sion made and installed.

Not only must legislative oppo-
sition be overcome, at a time when
there is virtually no parry disci-
pline, but a variety of interest-

Republican Landslide? Democrats Must Not Blink

W ASHINGTON — It’s obvi-
ous that 1994 wQl be a fine

YY ous that 1994 will be a fine
year for Republicans. What is not
obvious, yet, is that the elections
are destined to be the catastrophe
for Democrats that so many in
Washington are predicting. The
line between Republican gains and
a Republican landslide is actually
quite thin because so many con-
tests are dose. What happens in
the next month will matter a lot.

Republicans enter this election
with three big advantages. First,
they are bound to gain seats in the
House because many conserva-
tive Democratic incumbents are
retiring from districts that have
been strongly Republican in pres-
idential elections. It was only a
matter of time before Republican
voting habits seeped down to the
congressional level Second, rank-
and-file Democrats are demoral-
ized and disappointed with Presi-
dent Bill Clinton; many of them
may just sit out this year. Third,
the Democrats have so far run a
largely defensive campaign, try-
ing to prove that they are as fierce
about crime and as reverent to-
ward the family as any Republi-
can on the ballot. Such cam-
paigns do not convince anyone
that Democrats have accom-
plished things in the past two
years or have ideas about what to
do with the next two.

Democrats cannot do anything
about who is retiring, but they
can alter the other factors. The
first thing they want to do is get
Congress out of town. Almost
anything that gets the public’s at-
tention off Congress as a whole is
seen as helping the Democrats
who run the institution.

Democrats are also trying to
discredit individual Republican

By £. J. Dionne Jr.

opponents. It is a sign of the times
that Edward Kennedy has run his
first negative campaign commer-
cial since Massachusetts sent him
to the Senate in 1962. Democrats
are “going negative” early to pre-
vent their foes from riding the
current anti-Washington mood to
prohibitive leads. The unspoken
slogan is: We're no great shakes,
but they are a lot worse.

These campaigns are having
some effect — Mr. Kennedy, for
example, seems to have restored
his lead over the Republican Mitt
Romney — but a move toward the
negative may not save other en-
dangered Democrats, such as
House Speaker Tom Foley.

More promising is an assault
on the “Contract with America”
that most Republican House can-
didates have signed Many Dem-
ocratic strategists are gleeful be-
cause this document ties
“outsider” Republican candi-
dates back to their congressional
leadership and defines the Re-
publicans as advocates of tattered
Reagan-style tax cuts. By promis-
ing to balance the budget without
offering specifics. Republican
leaders have invited questions
about unpleasant details. A
month before Election Day, the
Republicans are on the defensive.

Forward into the Past is not an
appealing slogan. And by reopen-
ing the deficit debate, the Repub-
licans* plan helps the Democrats
clarm the man tle of fiscal respon-
sibility. This, at least, contains the
seeds of a partly positive message,
last year’s deficit reduction
package being the Democrats’
mgin achievement and the eco-
nomic recovery being the main

thing they would like credit for.

But the Democrats faces much
deeper difficulties. These are
summarized by two lines of at-
tack against Mr. Clinton from
■within his party. On the one side,
centrist “New Democrats" argue
that Mr. Clinton reversed his pri-
orities in proposing a huge gov-
erament-led reform of the health
care system before convincing
voters that he had reformed the
way government does business.
In this view, Mr. Clinton would
have done better by starting with
the reform of smaller programs
and putting more emphasis on his
and Vice President Al Gore's
plans to reshape government.

Some in the party’s liberal wing,
on the other hand, argue that with
the failure of health care, Mr. Clin-
ton has nothing much to offer oth-
er than deficit reduction. His liber-
al critics note that the
economically insecure — the ‘^for-
gotten middle class” erf the 1992
campaign — fed tittle better now
than they did two years ago and
thus still mistrust government

These critiques have more in
common than those who make
them might realize, (hi the one
hand, neither fully takes into ac-
count how difficult the deficit
problem has made everything else.
Mr. Clinton would have a much
more visible program in areas pop-
ular with new and old Democrats
alike if the defidt plan had not so
restricted his ability to spend. On
the other hand, both sides in the
Democrats' intramural debate are
expressing a common frustration
at Mr. Clinton's failure to con-
vince Americans that government
can actually work.

Mr. Clinton cannot change all
that in the month left to Election
Day. But he can argue that, tike it
or not, his deficit program was
the first step toward restoring
government’s ability to get any-
thing else done.

A lot of the voters who have
turned on Mr. Clinton still tell the
pollsters that they admire him for
taking on tough problems and
want him to succeed. Mr. Clin-
ton’s assignment this fall is to
persuade them that is still possi-

ble. Otherwise, the Republicans
may well win their landslide.

may well win their landslide.
The Washington Post

group challenges have to be over-
come, and these today come in
unprecedented numbers and viru-
lence. One reason the Ctintonpro-
posal for health insurance reform
failed this year is that it was too
complicated. The reason it was so
complicated was that its drafters
had attempted to appease the in-
terest groups in advance.

The pain and costs of getting
anything done in American gov-
ernment now are very high —
much higher than in cabinet-style
governments abroad, or in societ-
ies with nonadvecsaiial legal sys-
tems. These costs were not so high
in the past because a large national
consensus existed on national pri-
orities, above aH during the world
wars mid early Cold War years.

That consensus has been ab-
sent for most of the period since# ,
the 1960s. Democracy no doubt is^ ;
all about disagreement and the
assertion of individual or group
rights (or what are claimed as
rights but are often dainty to priv-
ilege; a right is a “moral proper-
ty to which one has a just damty.
The price that must be paid is
todays veiy high coefficient , of
“friction” in American public life
(and the economy), culminating
in ungovernability. •

This contributes to public alien-
ation from the political process,
higher today than ever. Demon-
stration of that is the fact that
congressional candidates now all
present themselves as enemies of
“Washington." American rates of
political participation and voting
are very low and going down. They
are lower than in any other mod-
em democracy. This certainly is
not what democracy is all about.

International Herald Tribune.

® Las Angeles Tones Syndicate.

IN OUR PAGES: 100, 75 AND 50 YEARS AGO

1894: Eyes on Formosa

LONDON — It is stated that the
Japanese Government has been
in communications with the Brit-
ish Foreign Office and also with
the Russian Government with a
view to ascertaining if, in the
event of a treaty of peace being
concluded. Great Britain or Ru$-

more than fifty intermediaries are
to be charged with profiteering,
among these “butter dealers” be-
ing a midwife and a foreman
printer! They had been cornering
butter and eggs at prices even
higher than the “normal prices,”

1944: Relief for Greece

sia would make any opposition to
Japan’s annexing Formosa or
some other part of China, it being
undo-stood that the independence
of Corea must be left intact

1919: Dairy Profiteers

ROME — [From our New York
edition;] The long-promised Brit-
ish relief expedition into Greece ft ■
has begun in the wake of with-
drawing Germans, it was revealed
in an official announcement here

PARIS ■ — At last! The judicial
authorities are tracing the profi-
teer to his lair. Because of the
shortage of butter and eggs on the
Paris market the police authori-
ties have considered it advisable
to investigate in Normandy, the
great dairy centre of France. The
inquiry has been fruitful, for

today [Oct 5J. The Balkan Air
Force headquarters announced

that the first arrival erf British land
and air forces on the Greek main-

laid “met with a widely enthusias-
tic welcome from the inhabitants.”
The announcement stated that
land forces erf the Adriatic have
entered Patras, which is “believed
to be one of the enemy’s last
strongholds in the Peloponnesus.”

• *

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^ \ Sea That Blew Away:

A Central Asian Tragedy

By Jessica Mathews

W

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!■-»*.-

ASHINGTON — In a sad
first, environmentalists re-
"'•< cently notarized a death certificate
• * for a sea, suspending further efforts
to save the Aral Sea. Recognized as
' a crisis only in the nrid-'80s, the sea
. .. has shrunk by two- thirds in just 20
;V ! years and has already split in two.

'• y A large fishing industry has been
destroyed and once-thriving ports
now lie 50 kilometers (30 miles)
V. from the shore.

' ■” The fate of what was the planet's
' fourth-1 argest inland body of water,

.. . Man has acquired the
power to swiftly alter the
;y system that govern the
' planet 9 s basic health.

. ‘ and the environmental and human
. catastrophe unfolding in the five
Central Asian Soviet successor
.grates, would make a 20th century
'morality play.

The immediate culprit was cot-
ton. which Moscow used to call
“white gold" for its ability to earn
hard currency. The real villains wore
greed, stupidity and unchecked, tun-
nel- visioned apparatchiks on the
one band, and on the other a lethal
combination — by no means unique
to the region — of mankind's tech-
nological power and still largely un-
recognized ecological ignorance.

In one sense, the result was not
unintended. As the rivers that feel
the landlocked sea were tapped to
& " . .. irrigate vast new cotton fields, the

sea would have to shrink. Experts
■" ' even argued that the disappearance
of the sea would be a good thing.
The land where it had been could be
used to grow more cotton, watered
by canals from Siberia's rivers, or by

* using nuclear explosions to make

those rivers flow southward instead

■ " - of — in this view — wastefully into
- • the Arctic Ocean. What no one rec-
' ognized was that the Aral Sea was
'-'i the region’s ecological linchpin,

: whose role even the most gargan-
tuan technology could not replace.

Normally, a huge mas s of water
vapor evaporating from the sea in-
tercepted the fierce, dry winds that
blow out of the norths As the sea
■. shrank, summers became hotter and
. %rier and winters grew longer, eold-
: er and snowless. The local climate
• became less and less suited to cot-
. ton.

Wind erosion and salt storms

■ • ■ blown from the receding seabed
make what was once a fertile land

resemble the site of a biblical
plague. Salt fog, salt rain and dry
salt crystals coat fields and poison
people. Thousands of square kilo-
meters of farmland cannot now
grow anything, and on thousands
more productivity is dropping,
propped up only by heavier and
heavier use of fertilizer and pesti-
cides and more and more water to
rinse the fields of salts after each
harvest. The added chemicals poi-
son the water supply. The rinsing
flushes away salts that the soils
need, requiring yet more fertilizer,
and so on in a rapidly descending
spiral.

As always when the natural water
balance is disrupted, where there
isn’t too little water, there is too
much. In the frenzy to fulfill Mos-
cow's plan, irrigation canals were
built without liners in sandy soils so
that as little as 20 percent of the
water reaches the fields. The rest
seeps into the ground, turning pro-
ductive farmland into useless, sali-
nized swamps, poisoning fresh
groundwater, causing buildings and
power systems to collapse and
flooding towns, which then require
constant pumping at huge energy
cost.

An impoverished diet (no fish
from the sea, no fruit and vegetables
from the ruined land). Unde water
and pitifully inadequate health care
have created epidemic levels of once
unknown diseases. Premature births
are the rule, and women are warned
not to breast-feed — their milk is too
dangerous. Infant mortality is the
highest in the former Soviet Union

A Nonstarter for Bosnia

Regarding “An Unpleasant Turn
to Milosevic May Be the Only Way in
Bosnia ” (Opinion, Sept 29):

James Lowenstein suggests that
the best way to solve the “Bosnian
problem” may be to allow Slobo-
dan Milosevic to send his army into
Serbian Bosnia and incorporate it
into the “Greater Serbia that has
always beat his objective.” It is
incomprehensible that anyone
would think that sending in the
Serbian Army could end the war
since it was precisely the former
Yugoslav Array that started the
war. Mr. Lowenstein’s suggestion
has an ugly and genocidal echo.

KSENUA MARINKOVIC.

Rennes, France.

and may be — the data are not reli-
able — among the highest in the
world. In the worst-hit areas it is
difficult to find a healthy person.

The region is now freed from Mos-
cow's colonialist rape of its resources,
but the collapse of the Soviet Union
also means that five countries rather
than one must somehow find a way
to share too little water. Supplies
could be doubled through easy steps
like fixing leaky canals, but every-
thing that needs to be done costs
money the governments don't have.

Making the water safe to drink and
thereby lowering the health care bur-
den and restoring people’s hope for
the future trill cost vastly more. Re-
storing file ecosystem — kid possibly

the region’s future livability — would
take a switch away from cotton and
irrigated agriculture, and on that
point countries’ interests sharply di-
verge. Uzbekistan and Turkmeni-
stan, both dependent on cotton ex-
ports, would have to turn their
economies upside down.

Central Asia’s tragedy is a cau-
tionary tale for our time' a remind-
er that this one lifespan — from
about 1 950 to 2040 — will probably
be the most significant in human
history. In these few years, world
population will nearly quadruple
(from 2.5 billion to 9.5 billion), eco-
nomic output will likely grow nine-
fold, and energy use and wastes will
grow concomitantly. For the first

time, man has acquired the power
to swiftly alter the systems that
govern the planet's basic bealtta, on
a regional scale as in Central Asia,
and globally as well.

The power to act has come be-
fore the knowledge to foresee the
consequences. We must either ac-
quire that scientific understanding
and the wisdom to follow it very
quickly — certainly in the next cou-
ple of decades — or perhaps leave
the world permanently less hospi-
table to future generations.

The writer is a senior fellow at the
Council on Foreign Relations. She
contributed this comment to The
Washington Post.

LETTERS TO THE EDITOR

Hie Sociology of Abortion

Regarding "Q&A: Two Cheers for
Vatican From a Spanish Theologian "
(Sept. 19) by Barry James:

It was unfortunate that the only
description given of Enrique Miret
Magdalena was as a “Spanish theo-
logian and author.” His analysis of
the Catholic Church, highly super-
ficial and political, appears to be
much more that of a sociologist
than a theologian.

Mr. Miret Magdalena concedes
that abortion is a “negative, bad
thing,” but claims that the Vatican
should not make a fuss about it if
democratic countries have legalized
the procedure. Genocide was legal
in Hitler’s Germany, and no coun-
try, however democratic, can take a

crime and by law mak e it a right
The theologian also stales that
the democratic nations allow abor-
tion “in extreme cases.” That is not
the case in Western Europe. Many
of the abortions in Italy are per-
formed on women who already
have two children and do not want
a third. That's not an extreme case:
that’s abortion being used as a
means of family planning.

ANDREA BETTETIN1.

Rome.

A Great Political Leader?

While Gerry Adams appears to
have mesmerized the U.S. media, he
represents only the political wing of
the Irish Republican Army and no
one else. He was elected to Parlia-

ment in 1987 and when he ran for re-
election in 1992 he was defeated. Yet
he is feted and hailed as “a great
political leader.” Who is he supposed
to be leading? If you want a visitor to
America to speak for Northern Ire-
land Catholics, there is John Hume.
At least they voted for him.

NORMAN MOSS.

London.

f She-Wolf With Electric

Regarding “Debbie Davies, ai the
Front of the Blues Revival ” (Sept. 21):

Mike Zwerin says be cannot think
of one black woman who plays elec-
tric guitar. Let me give him one:
Jessie Mae Hemphill, a native of Mis-
sissippi, who has recorded several al-
bums and toured in Europe. The cov-

The Tugboat on the Lawn:
A Tale of Man and Nature

By Hons Koning

N EW HAVEN, Connecticut — I
was on my way to Montreal
from New Haven, where I live. It
was dusk on a clear, early fall eve-
ning as 1 drove through Granby, a
Quebec town an hour or so from
Montreal. I decided to stay over and
arrive fresh and shaven in Montreal
the next morning. Granby has a
nice-looking, recently built hotel.

I asked for a room on the top
floor. It had a balcony and I stepped
out and looked at the' last rays of the

MEANWHILE

sun setting behind the hill of the La
Yamaska nature park. Below me lay
a lawn with white garden tables and
chairs and the hotel swimming pool.

Suddenly, joltingly, a machine
started up. I discovered that the three
vast, cement-encased cylinders
against the hold wall and facing the
lawn were not abstract sculptures but
funnels for the hotel air-conditioning
system, now roaring like the engine of
a tugboat p ullin g an ocean liner. I
beat a hasty retreat and dosed my
balcony door and the curtains, which
didn't much lessen the roar. It
stopped and started again all night.

This is not an ami-noise com-
plaint. But spending the night in
that room, I thought of the many
small pleasures we are losing, how a
new generation might never know of
them or miss them. How many
nights a year would a sleeper in
Granby need air-conditioning?

And what had happened to people,
to the guests on that lawn, that they
didn’t mind swimming and sunning

er of her album, “She-Wolf” shows
her holding a National Electric.

FABRICE ZIOLKOWSKJ.

Nice.

Red, 'White and Efficacious

Both the recent article about
Egypt’s Cru des Ptoiemees (Sept.
26) and the indignant letter to the
editor it occasioned (Sept. 29) miss
the point by focusing 'on its taste.
Far more important are the wine’s
detergent properties. During a re-
cent stay in Cairo, I found the
white excellent for cleaning brass.
As for the red, it was most effica-
cious in flushing out unwanted visi-
tors — in every sense of the word.
LESLIE CROXFORD.

Madrid.

themselves or having a drink in the
ambiance of a tugboat’s engine
room? Didn’t (hey realize that they
were losing out cm the sound of bird
song, the smells of nature, the caress
of the breezes of the night?

I know these questions are largely
rhetorical. No, these people don’t
mind the roar of a machine because
they live lives during which leisure is
mostly filled with the roar of televi-
sion or Walkmans. They don’t miss
the sounds and smells of nature be-
cause nature — subconsciously, may-
be — has become an enemy except in
very controlled circumstances.

Nature has to be sanitized and
kept ai bay, with guards, curfews
and a dizzying set of other rules and
regulations, benches, white lines,
parking lots, chemical outhouses.
Even our own circumscribed tittle
gardens are not kept for silting in
and, say, reading, but lor dousing
with insecticides and trimming and
manicuring with mowers and the
newest weapon, leaf blowers.

Once, nature was a legitimate ene-
my: Back when there were wolves in
the woods around Brussels, when
travelers could lose their way and die
of hunger and thirst on the plains of
While Russia. But now. nature (aside
from the weather) has long been
tamed, and at such latitudes as New
Haven and Granby it very rarely
shows its old hidden strength.

To us here, nature becomes dan-
gerous when we ourselves have first
polluted iL In fact, some might argue
that we aren’t protecting ourselves
from nature but protecting nature
from us. No doubt that is sometimes
true, but it does nothing to change
the perception thai : nature is “the
other" of which we cannot be part

That, we are told, is the price of
progress. But progress does not have
to become a dirty word unless our
lack of sense makes it so. The human
body isn’t happiest in a controlled,
lukewarm environment of machine-
made air. The wonder of nature may-
hit us at any time, but preferably not
in a rest area with a dozen other cars
under a sign, “Point Lookout. No
Smoking. No Loitering. No Walking
an the Grass.” The night wind, per-
haps too warm or too cold for “com-
fort," has its own mystery.

I don’t know if it’s true that the
view of nature as an enemy or, at the
least an opponent, who has to be
kept at arm’s length, arranged and
filtered, is a typically male trait. It is
certainly a late 20 ih century human
trait. It closes off a world of sensa-
tions for us and for our children.

international Herald Tribune.

€*niuil»L‘ Natk

1955: the Super Constellation - Frankfurt

to New York nonstop. 1970: Europe’s first 747.

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i

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1991: the number one airline to Eastern
Europe. 1993f28^illion passengers. ,
The future? Otirmost important object!

remains

-v£S*'

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Your smile.

i.

Page 6

INTERNATIONAL HERALD TRIBUNE. THURSDAY. OCTOBER 6. 1994

4 Tourists
Are Hurt in
West Bank
Bus Attack

Compiled tv Our Staff From Dispatches

JERUSALEM — Four tour-
ists were slightly wounded, and
a Palestinian was shot to death
Wednesday in separate attacks
in the West Bank.

The tourists were wounded
when a grenade was thrown at
their bus. which was parked in
the Arab town of Azariya, out-
side Jerusalem. The tour group
was visiting a church built on
the site where Jesus is believed
to have resurrected Lazarus.

An Italian woman and on Ar-
gentine man were taken to the
hospital with eye and hand inju-
ries that doctors said were “very
slight." The other two were
treated at the site by paromed-

mm

l , . ?>*.(; -j

;.®SS

Inside the Bam , d Grim Scene

Bodies Found Strewn About a Primitive Altar

• ■■

By Robert L. Kroon

International Herald Tribune

C H El RY. Switzerland —On
the edge of a pine forest, a

The police discovered pass-
ports and driving , licenses of
Swiss, Canadian ana French or-

‘I knew Mr/ Giacobino

*1 . <•

lb.. 'A,S,. ;

charred hulk of a half-intact weir said Mr jhjerrien. “He
barn was all that remained of wa * in his 70s. Before he bought

sect and their visitors were busy
in the garden every weekend,
lending their vegetables. %
Only five people lived at the
farm permanently, including
Mr. Giacobiiii ana his ddcrly

thefarm of Albert Giacobino. ^ in Qjleiiy two years couple and a young man.
w M m am. he W a b® lira, in

'*• -ijvi
L.yV-

female companion, a younger
couple and a young man. The

and policemen discovered the

ago, he had a b/g fa
solx, near Geneva.”

bodies of 23 men and women to , d ■ he ha( j timM
S JSi'S E extensively, to Australia and

primiuve shnne in a room be- Thienien said.

hmd < a hidden door on the „ Hg was frio&dly bul a bit fim .
bam s ground floor. The farm is /about heaven and

outside Cheiry. a bucolic village * . %■ »

m,f-: : ' ■

barn's ground floor. The farm is

b'i.i \ ■ •• ■ ,>

The Palestinian tourism min-
ister, Elias Freij, condemned
the attack, calling on Palestin-
ians to give “full protection, to
respect and show hospitality to
all pilgrims.”

The chief of Palestinian secu-
rity in the West Bank. Jibril
Rajoub, also condemned the at-
tack, Israel Radio said. Mr. Ra-
joub said Palestinian security
forces would prevent such at-
tacks once thev assumed re-

f 5'*- «.<. ;-jv x

wp. iMwmt

ouuiue^oeuy a ou«/nv ^ d

of IJOp^plem rolUng pasture ™ T®en, secretary of
land between Bern and Lau- d Ilii b «:a

the village council, said the

mm

4-u ■ j i . ~ . M farm was owned by a company

The wuidowless shnne had ^ Chciry AgHculmrd

mirrors on ihe wails and a rnd, - Researe t J e Farm . ry

psfi

mentarv altar and cross in the
center." Bodies were strewn

Its sppnaliry was macrobiotic

center, ouiura pr 0 du<re and members of the

about on the concrete floor and * j

in an adjoining room. , j

three younger people all had
outside jobs, one of them at a
nearby hospital.

Hie police are working on a
theory that one or more ring-
leaders oversaw the killings in
Cheiry, and then went to cha-
lets, 80 kilometers (50 miles)
away, to kill other cult members
and set fire to the buildings.

A police source said the fires
in the chalets began around 4
A.M., four hours after the Maze
at Chewy.

Aleundcr Joe Ajentvr Ffanur-Pie-'*

SHELTER'S WHERE YOU FIND IT — A Rwandan refugee at a camp Wednesday in Zaire. Aid workers returned
to the Katale camp under the protection of Zairian police, who investigated a report that 30 Boy Scouts, who had
been helping the weak and elderly guard their food against theft, had been massacred there at the end of September.

sponsibility throughout the
West Bank.

Power Struggle in Azerbaijan

President Appears With His Rival After a Coup Accusation

IRAN:

Revolution Slows

Continued from Page I

Israeli troops, meanwhile,
shot and killed a Palestinian
when he tried to stab a soldier
in the West Bank city of He-
bron, military sources said.

Ziad Am arm , 21, was the sec-
ond Palestinian to die in similar
circumstances in less than a
week in Hebron, where a Jewish
settler shot and killed 29 Pales-
tinian worshippers in February.

Since the massacre, every in-

cident sparks further violence,
and Palestinians reported ex-
tensive riots throughout the city
Wednesday. Hospitals reported
that a 50-year-old man received
a gunshot wound in the arm.

The army put Hebron under
curfew, ordering the 80.000
Arab residents indoors.

(AP, AFP)

Arts & Antiques

Evwy Saturday
Contact Fred Roncxi
Tel: (33 1)46 37 93 91
Fax: [33 1)46 37 93 70
or your nearest IHT office
or representative

Complied bv Our Staff From Dupnatha

BAKU, Azerbaijan — Presi-
dent Heydar A. Aliyev ap-
peared in public Wednesday
with his rival. Prime Minister
Surat Huseynov, whom he had
earlier accused of mounting a
coup, suggesting the two hud
patched up their shaky relations
for the time being.

Bul a senior aide to Mr.
Aliyev strongly suggested that
Mr. Huseynov] who has not en-
joyed good relations with the
president since helping him
take power last year, could be
forced out.

Earlier Wednesday, Mr.
Aliyev said in a televised ad-
dress to the nation that “dark
forces" backed by pro-Hu-
seynov troops had seized the
airport and other strategic
buildings in the western city of
Gence. which is the prime min-
ister’s power base.

An emotional Mr. Aliyev
told a 20 . 000 -strong crowd of
his supporters in the capital
Baku, that government forces

had taken back the airport, with
the loss of three soldiers.

He insisted that he still
backed the 7I-year-o!d Mr.

“The country was on the edge Aliyev and blamed unidentified
of civil war: at the last moment “independent groups" in Gence

we were able to avert the crisis."
said Mr. Alivev, who said he

for the uprising.

Mr. Huseynov became prime

had reprimanded Mr. Hu- minister in an uneasy power-
seynov for leaving his post for sharing deal with Mr. Aliyev, a

several hours on Tuesday eve- former Soviet Politburo mem-

ning. ber and KGB general who re- Ayatollah Kuhollab Khomeini

Mr. Huseynov. who became turned to power as president lo uphold the revolution and
prime minister last year after after Mr. Elci bey's ouster. Both £ are for families of Islamic

Ifutino a rMhplli.tn !.■« rttmlimu; urprr* r-lvtc^r m KiWi'ita - ihnn w:l> mart VfS.

some segments of society,
gleaming high-rise office build-
ings and residential towers are
appearing all over Tehran, es-
pecially in the affluent districts.
Some have been built with capi-
tal from private businessmen
and the bony ads. the revolution-
ary foundations established by
Ayatollah Ruhollah Khomeini
to uphold the revolution and

According to a police spokes-
man, Beat Karlen, one of the
first witnesses on the scene,
“some had their heads covered
with black plastic garbage bags,
taped or tied around their neck,
but most showed bullet wounds
in the head.”

“The men were clad in black
and red cloaks, the women in
white, ankle-length garments
with gold embroidery," he said . :
“We found a 6.3mm pistol and
several empty cartridges." • /

This, he said, cast doubt on
the initial reports of suicide. •’

A fire fighter, Andre Thier-
rien, said: “If this was suicide,
someone foe sure gave then* a
helping hand.” /

Witnesses said the mass /kill-

Jonestown to Waco:

A Series of Cult Deaths

leading a rebellion to overthrow were closer to Moscow than was
the former president. Abulfez Mr. Elcibey. a pro-Turkish na-

Elcibev, stood silently behind
Mr. Aliyev.

tionalisL

But a rift between Mr. Hu-

“Surat Huseynov stands here seynov and Mr. Aliyev has wid-

The Bonyad Mostazaafan,
which took over companies na-
tionalized after the fail of the
shah, had the initial social and

with me now but I told him. ened since then, and observers revolutionary objective of car-

face to fare, tnnr n anvemmen- hail «saiH a shruvrtnwn was im- c i_ _ j .. . ,, » ,

face to face, that a govemmen- had said a showdown was im- ing for ^ downtrodden. Now

t ^i i ?'i reS A h r Uldbe l . ,Ilh,S ft aCe - t it has become a huae conelom-

said Mr. Aliyev, who on Mon- A Western diplomat cau- erate . >vilh bank accounts in
day proclaimed a 60-dav state Honed: “Aliyev has the upper Europe hud „ et5 and ^

of emergency. hand for now, but I do not unlouch able elite of spiritually

Mr. Huseynov 36, had earb- think we have seen the last oi well-connected executives. ‘
er laughed off allegations that Mr. Huseynov.

he was trying to grab supreme In his television address. Mr. The presidents of these foun-

ing for the downtrodden. Now
it has become a huae coneJom-

well-connected executives.

The presidents of these foun-

he was trying to grab supreme In his television address. Mr. The presidents of these foun-
power. Aliyev warned that a coup dations are appointed by Aya-

"l am not taking part in any threat was a gain mm ing from iollah Saved AU Khamenei, the
coup," he said. “I went to have Gence. and perhaps from Rus- country’s spiritual leader, but
a cup of tea. I didn't go any- sia farther north. until recently there has been no

a cup of tea. I didn't go any-
where.”

until recently there has been no
t Reuters. AP) official scrutiny of their deal-
ings. Two weeks ago. in re-

ing had been elaborately/ pre-
pared. Propane canisters were
installed throughout the /farm-
house. interlinked with electric
wiring that was connected to a
telephone.

In addition, plastic bags with
gasoline were discovered on the
ground floor. But only the liv-
ing quarters of the owper, a re-
tired farmer, Albert Giacobino.
and the top floor of . the barn
caught fire. j

Mr. Giacobino was found ly-
ing in bed, shot through the
head.

“For some reason he did not
join the others in the shrine for
the collective death rite." Mr.
Karlen said.

The incendiary devices on the
ground floor did not go off,
sparing the shrine and provid-
ing investigators with clues
about the identity of the cult
members and their back-
grounds.

/ A gence France* Pn sw

' PARIS — The mass deaths in a Swiss village was the latest

in a number of deadly incidents involving cults, the most
dramatic being the 1978 mass suicide of more than 900
members of People's Temple in Guyana.

That incident on Nov. 18, 1978, resulted in the death of 913
men. women and children who were members of the sect,
founded by the Reverend Jim Jones.

The suicide was preceded the night before by the murder by
sect members of Representative Leo Ryan and three reporters
who had traveled to Guyana to investigate complaints by
parents whose children had joined the sect- The Reverend
Jones, who had organized an agricultural commune at Jones-
town. Guyana, called on his followers the next day to kill
themselves in what he said would be a “revolutionaiy act."
Most of the victims drank poison, although the Reverend
Jones died from a bullet wound to the head. Authorities were
not able to determine if it was self-inflicted.

More recently, about 86 people died in Waco, Texas, when
U.S. agents raided the Branch Davidian sect led by David
Koresh. a self-proclaimed prophet Most of the' victims
burned to death in a fire that erupted once the raid began. Mr.
Koresh was among the dead.

Other mass suicides linked to sects have been reported in
the last 10 yeais:

• On Sept. 19, 1985, about 60 members of the Ata tribe on
the island of Mindanao, off the Philippine coast were report-
ed by local newspapers to have committed suicide by swal-
lowing poison on order of their high priest Datu Man-
gay anon.

• On Nov. 1, 1 986, the charred bodies of seven women were
found on a beach in Wakayam. in western Japan. The victims,
members of the Church of Friends of the Truth, said in
suicide notes that they wanted to end their life following the
death of their spiritual guide Kiyoharu Miyamoto.

• In August 1987, 32 followers of a sect organized by Park
Soon Ja. a high priestess who believed she was a goddess, were
found dead in Seoul, South Korea. Police said most of the
victims had swallowed a nonletha) dose of poison and (hat
their throats had been slit.

sponse to inquiries about, cor-
.ruptiorx, the Majlis ordered a
detailed investigation into all
bonyad holdings and actions,
according to Mr. Khamooshi.

“Maybe some people are
cheating, like all over the
world," he said when asked
whether these instruments were
living up to their mission.

“We believe only 14 people
are innocent since the encoun-
ter of Adam and Eve,” he said.
“All the rest are kind of shadv.”

Master reading and language

skiDs

with the

Herald

Tribune

CULT: 50 Members Die BOXr

Continued from Page 1 The Knights Templars rose Glnmn

not catch fire. The dead were to prominence during the Cru-

found with their hands clasped, sades, rivaling the Knights Hos- rontim-H from t

as if in prayer. One couple was pi talers. But, possibly with an <Mmaea Ir0m 1

in an embrace. Champagne bot- eye to confiscating their enor- for Computer Associates. Elec-
ties littered the floor. raous wealth. King Philip IV of tronic Data Systems. Inc. and

The police said there was no France banned them in 1307 various sponsors who have con-
evidence of a struggle in the two after rumors of irreligious prac- tributed software and equip-
ehalets, where the bodies of rices and blasphemy during ment to the retreat; they forge
children were found lying next their secret initiation rites. relationships with _ leaders of
to one another and some cou- Canadian policemen were in- dozens of companies that are
pies were lying in bed vestigating whether Mr. Jouret potential customers.

Documents «nri a cassette re- was one of two people found in Mr. Wang, whose company
wording with apocalyptic warn- a burned-out house at Morin dominates the global market for
ngs were found at the farm- Heights, north of Montreal, mainframe computer programs,
louse, along with a chalice, a The house was owned by Mr. also exploits the opportunity to
.word and occult inscriptions, Jouret, as were the three Swiss warn the executives to be wary
>ne of which read “the cross chalets. He is wanted in Canada of technologists who urge them
ind the rose." The police said on charges of possessing and to abandon their trusted main-
he fires bad been ignited by trafficking firearms. frames in favor of expensive,

ie lona tors connected to tele- The bodies in Quebec were untested networks of personal
>hones and Linked to cans filled wearing medallions with the computers,
vith gasoline and propane gas. in i t i als TS, the French initials , But usually, Mr. Wang's ad-
Neighbors said die farm had of Solar Tradition. The Canadi- vice is delightfully candid and .
teen bought three years ago by police said the house also nontechnical. f

i group that said it was in- was wired up with timers and # “How do I know whether to
olved in macrobiotic and or- g&s tanks. single-click or double-click with

lanic farming. The chalets are The Renewed Order of the the mouse?” one executive
.bout 80 kilometers (50 miles) Temple was founded in 1970 by asked.

way near Granges-sur-Salvan. Julien Origas, a former Gestapo “Wang’s Rule on mice is, try
Mr. Jouret, a 46-year-old Bel- official, and dabbles in as Lrolo- clicking once, and if nothing
ian homeopathic doctor, is gy, alchemy, the cabbala and happens, click twice," Mr.

in an embrace. Champagne bot- eye to confiscating

ties littered the floor.

raous wealth. King Philip IV of

The police said there was no France banned them in 1307
evidence of a struggle in the two after rumors of irreligious prac-

chalets, where the bodies of rices and blasphemy during
children were found lying next their secret initiation rites.

to one another and some cou-
ples were lying in bed.

Canadian policemen were in-
vestigating whether Mr. Jouret

As for the good list, he
named “the Prophet, his daugh-
ter and his 12 followers."

Documents and a cassette re- was one of two people found in
cording with apocalyptic warn- a burned-out house at Morin

ings were found at the farm- Heights, north of Montreal,
house, along with a chalice, a The house was owned by Mr.

Realizing he had missed a
few of the virtuous, he quickly
added that “all religious proph-
ets" were innocent.

IN THE NEWS will help those |
perfecting their English to become
independent and efficient readers.

Through compelling news and feature
stories, essays and editorials, you will not
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contemporary 7 issues, but also investigate
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cu> were innocent. detonators connected to tele-

Mr. Khamooshi said that in phones and Linked to cans filled
the future, the bonyads. seen by with gasoline and propane gas.
some as a state of uncontrolla- Neighbors said the farm had
ble economic power within the been bought three years ago by
state, may be dissolved and a group that said it was in- was wired up with timers and

their assets sold to the private volved in macrobiotic and or- gas tanks,

sector to add income to the gaaic farming. The chalets are
treasury. Bul the investigation about 80 kilometers (50 miles)
of the bonyads will not resolve away near Granges-sur-Salvan.

Lhe issue of subsidies, now be- . Mr. Jouret, a 46-year-old Bel-
ing debated in the Majlis. gian homeopathic doctor, is
. n . D , ...... grand master of the Solar Tra-

A Central Bank official la- ^ offshoot of ^ Re _

memed that at the prices the Qewed 0rder of ^ Temple,

state buys flour and sel b the OQe of do2ens of &Q s

resulting bread Iran is losing ing to ^ ^ heirs of the

^ Meshed Knights Templar, dissolved in

subsidized flour at black-mar- 14 ^ century,
ket raLes and feed bread to their

sword and occult inscriptions, Jouret, as were the three Swiss
one of which read “the cross chalets. He is wanted in Canada

and the rose." The police said on charges of possessing and
the fires had been ignited by trafficking firearms.

The bodies in Quebec were

phones and Linked to cans filled wearing medallions with the
with gasoline and propane gas. initials TS, the French initials

Neighbors said the farm had of Solar Tradition. The Canadi-
been bought three years ago by an police said the house also

game farming. The chalets are The Renewed Order of the

about 80 kilometers (50 miles) Temple was founded in 1970 by
away near Granges-sur-Salvan. Julien Origas, a former Gestapo

gian homeopathic doctor,

happens, click twice,’

grand master oF the Solar Tra- oriental mysticism, according Wang answered.

dition. an offshoot of the Re- to the Ikor Center. He also offered strategic sug-

newed Order of the Temple, Jean-Fran$ois Maier, a Swiss gestions.
one of dozens of groups claim- cult expert, said that Mr. Jouret “Make technologists part of
ing to be the heirs of the had “created an atmosphere of the management team." Mr.
Knights Templar, dissolved in an impending catastrophe Wang advised “A technology
the 14th century. around him." officer who does not have a

the 14th century.

the management team." Mr.
Wang advised “A technology
officer who does not have a
vested interest in business oper-
ations wnll simply spend all
your money and then go on to

cattle Subsidized gasoline costs ations si^pl

only 7 cents 3 gallon, ond st irn a t t vntvr mnnpv a *j

ITALY: Inquiry Jolts Government mother busing.-

□omic reforms will be whether _ / —

he can end the hefty fuel subsi- Continued from Page 1 crees that do not require Parlia- )

he can end the hefty fuel subsi-
dies.

told Corriere della Sera: “It is ment ’ s ®PP roval -

According to rumors, Iran’s
elite scholars, the 80-man As-
sembly of Experts, are debating
a third term for the president,
who is limited to two by the
constitution. But the larger
question is not his political fate
but whether his far-reaching
policies will survive.

true, we are at a crucial, impor-
tant point. What has appeared
in the newspapers about theTe-
lepiu problem shows clearly
enough that there is a risk of

While this fevered discussion
oyer the separation — and exer-
cise of power continues, op-
position politicians argue that
the real issue is the ever-more-

Business

reaching very high levels in the apparent conflict between Mr.

w.-vrM Af M Rprilicmni’e no

lit LNTEKiV\Tli*> \L fJW f |

iierala^a^nbunc

world of politics and finance."

The latest collision added to
the confusions that have built in
recent days, with President Os-
What is at stake for the West car Luigi Scalfaro complaining
is whether the pragmatic forces, about the govern man's han -
with whom Mr. Rafsanjani has dling of the country’s austerity
been identified as favoring eco- budget and Irene Pivetti, the
nomic realism and a reimegra- speaker of the lower bouse of
lion of Iran with the rest of the Parliament, criticizing the gov-
world, will be able to shape the eminent’® use of emergency de-

Beriusconi’s position as prime
minister and his continued
ownership of vast holdings in
the media.

“It should be clear, not only
to opposition forces but also to
the majority that this situation
has become intolerable for our

speaker of the lower bouse of democracy," said a statement
Parliament, criticizing the gov- by the opposition party, the

Center

Every Wednesday
Contact
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Td.:

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Fax:

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“For every step Rafsanjani
takes forward, he has to take
two steps back,” a businessman
complained. Like many other
Iranians, he had hoped Mr.
Rafsanjani’s election last year
would set Iran on the road to-
ward irrevocable liberalization,
! Free enterprise and an opening
to the WesL

RUSSIA: Debt Accord Readied With Western Banks ,

injilllX

Ynintt

i.;

. I K

A *4$
- oHL

. lU.«

S=r i

j- li La« : r-

imin

Continued from Page 1 mercial banks agreed not to in-
sist on sovereign immunity be-
coun tries, but Moscow bristled cause the word of the Russian

entity, would act to guarantee
the debt.

at the idea of a waiver, contend- government was a sufficient
ing that it was not consistent guarantee that the banks would

Signature.

City/Code/Country .

Company EEC VAT D No.

This trend has been over-
ruled so far by clergymen push-
ing their minions into key posi-
tions at the Central Bank and
other institutions at the expense
of technocrats.

with its stature as a world pow- not suffer losses as a result of
er. During the signing ceremo- the rescheduling.

ny, Mr. Sbokhin made a point Another obstacle to the deal

- . - — VWUU 4 VIV, III UIC UCJLL

or announcing that the agree- that was removed on Wednes-
ment did not require “any waiv- day was that Russia agreed that
mg of Russian sovereign immu- Vneshekonombank, the Rus-
. , sian. bank for foreign economic

Mr. vontz said that the com- affairs, or some other agreed

Proof of the international in-
vestment community's enthusi-
asm for the Russian debt deal
came when Russian loans de-
nominated in dollars that are
traded on markets surged after
the announcement. Their price
climbed as high as 41 percent of
the face value of the loans, up
jrom around 38 percent on
Tuesday.

« (

houiui

"" A

V ^

PiTERNATlOIVAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

Page?

Let s Talk, Patten Urges Recalcitrant Chinese

By Kevin Muiphy

International Herald Tribune

Sounding more like a mayor
r unn ing for re-election than a

Frequently citing Britain’s
“lack of sincerity,” Chinese

«•! in

Ldown. until Hong Kong reverts China, Mr. Patten announced a
to Chinese rule, Governor Chris minor concession to Beijing
:Patten on Wednesday called on along with several new social

mounted a charged with negotiating maior
to Beging details of the 1997 handover
new social have failed to find common

The negotiations have been
hampered by Beijing’s opposi-
tion to the Jardine Matbeson
group, one of several Firms in-
volved in the project

“While we mark time on this

SW» » .«* an impasse in welfare initiatives already con- ground P«3«^ ** shipping business

.Bntish-Chinese relations that demned by China. financing fo?Hon?KS?ls SS g0 ? £ewfaere, ^ PatleD

“ 7 , K echoing a I theme recouat-

Smcenty does not mean one ■ huhon airport to the local- j™ economic cost to Chin a

-threatens a smooth transfer of “Sincerity does not mean one ^.billion akpon to v

dais preempted the announce-
ment of a series of measures
designed to assist the elderly
and disabled and improve
health care in the colony by
warning Hong Kong residents
to beware of a move to '‘intro-
duce welfarism vigorously."

“This is not merely going

ing the economic cost to China against the Joint Declaration
of lack of progress in the talks, creating a danger to the

speech that nonethetes <!“:

“We still have not been able
to reach an agreement on the
development of Container Ter-

ln proposing a limited role Special Administrative Re-
for a Beijing-appointed com- Son,” said Wang Fengchao, a

mi nee previously ignored by
the British, who feared its role

deputy director of the Hong
Kong and Macao Affairs, refer-

A

'Pr-i ,

‘ H

‘subrtly blamed China for failiTiP opraticchanges passed by Hong ™ na1 . 9 for reasons which have as a rival power center in Hong ring to the 1984 treat}' govem-
-to endorse a long list of legal ^ on ^ s ^ e S^ aturc ia June. worrying implications for the Kong, Mr. Pauen said he hoped log Hong Kong's return.

and financial

: dal to orderly

)f legal
t$ ern-

v ... temtoiys future as an inlema-

Cooperation isn t a one-way tional center for business.” Mr
street, ’ Mr. Patten said. Patten said.

to “put a bit more petrol in the
JLG’s tank."

em* n i

* of <

: N.

{

Plugging Away at North Korea

Despite Nuclear Talks Deadlock, U.S, Sticks to Hard Line

But analysts said a willing-
ness to involve the Preliminaiy

Working Committee, a body
composed of senior Chinese of-

composed of senior Chinese of-
ficials and leading Hong Kong
residents deemed loyal to Beij-
ing, stopped short of a major
backdown by Britain.

By R. Jeffrey Smith
and Ann Devroy

Washurgum Past Service

WASHINGTON — The Clinton administra-

tion has derided not to shift course in dealing reacIor

harm U.S. interests so long as North Korea
continued to abide by its June pledge to freeze its
production of plutonium, a key ingredient of
nuclear arms, and its operation of an existing

‘It was a conciliatory speech
but in essence it said, “We win
do almost anything to work
with you, but at the end of the
day it's not just Britain's prob-

day it s not just Britain s prob-
lem,'" said Nick Moakes, a

with North Korea, even though dis cu-ssi o n*? in
Geneva on that country’s nuclear program
reached an apparent stalemate last wok, U.S.
officials said.

. Senior U.S. policymakers decided that Am-
bassador-at-Large Robert GaUucci would return
'to the negotiating table in Geneva on Wednes-

The U.S. position is consistent with what se-
nior South Korean and Chinese offi cials have
recommended to Washington in r ece nt days, the
officials said. Foreign Minist er Qian Qichen of
China told Secretary of State Warren M. Chris-
topher in Washington this week that North Ko-
rea’s recent, hard-line stance in the negotiations

position

Korean

day with no major new instructions, the officials was merely a tactic to persuade Washington to

The policymakers' decision reflected what set-

back down.

South Korean officials have advised the ad-

eral officials described as a consensus view that ministration that the North Korean stance may

the administration should continue to insist that reflect die temporary emergence of a military-

VnrfK Fatm ans? aTI ^ *' • .t t - .1 * • _ i _

North Korea freeze and eventually terminate all backed faction in North Korea that is opposed to
its nudear efforts in exchange for the same terminating the nuclear program. But the signifi-
package of economic and political rewards that cance of this development will remain unclear

China analyst with S.G. War-
burg Securities.

In an early reaction reported
by Hong Kong’s RTHK radio,
a spokesman at the Xinh ua
news agency, China’s de facto
embassy in Hong Kong, dis-
missed the speech as “merely
words." A senior official in the
Hong Kong and Macao Affairs
office in Beijing said: “We have
to see what the Hong Kong gov-
ernment does. We need practi-
cal actions to show sincerity."

On Tuesday, Chinese offi-

"This is bound to hurt the
capitalist system,” be was
quoted as saying by a Chinese
news agency. “Hong Kong peo-
ple must be vigilant against this
and not be confused by a beau-
tiful package.”

_ Mr. Patten rejected the criti-
cism, citing Hong Kong’s suc-
cessful program to increase so-
cial spending while cutting
taxes and capping the percent-
age of the colony’s gross domes-
tic product earmarked for social
spending.

During a press conference
following his speech, Mr. Pat-
ten also rejected China’s protest
of a Hong KoDg government
decision to allow a pro-Taiwan
group to hire a public hall to
stage celebrations of Taiwan’s
national day on Oct. 10.

China views the govern-
ment's decision to rent the Cul-
tural Center to Taiwan-backed
Chinese Cultural Association as
an endorsement of a “two Chi-
nas" policy it has bitterly op-
posed since 1949. when Tai-
wan’s Nationalist led
government fled Mao’s armies.

Art

* -

Urn

If. *T

i^v .■ ^ -

Mr. Gallucri has already offered to his North until after a new North Korean leader is named.
Korean counterpart, Deputy Foreign Minister possibly in mid-October, and no new U.S. moves

EYES ON THE SKIES — President Suharto of Indonesia, left, with military
officers viewing a fly-over by fighter jets at a ceremony Wednesday in J akar ta.

SokJu.

Gallucri had flown to Washington from officials said.

should be made before then, the South Korean

Geneva on Friday, after a week of generally Kim Jong B. the son of North Korea’s former
: ” - • Kim n ~ '

unproductive talks with Mr. Kang, for consulta- president, Kim n Sung, is expected to be named

tions cm whether the administration should dis- to the post at the end of a’ 100-day mourning
play any new flexibility. But the officials said period for his father, who died July 8.

•Tuesday that although North Korea had rejected A source familiar with the adrninictrnrinn’c

Japan Wonders What Stopped the Big Tidal Wave

The Associated Press

the Kurils, a remote chain of islands that buildings, most in Miyagi, halfway be-

TOKYO — Residents of Russia’s Ku- was occupied by the Soviet Union after tween Tokyo and Hokkaido.

uesday that although North Korea had rejected A. source familiar with the administration’s ril Islands fled to higher ground on World War II. Ten people were killed in Dozens of aftershocks measuring up

key portions of the U.S. offer, Mr. Gallucri deliberations said the United States sought
would continue to pursue it on an assumption to avoid a new confrontation with North Korea
that North Korea would eventually give way. with U.S. forces engaged in Haiti and midterm
They also noted that a stalemate would not elections only weeks away.

Wednesday fearing aftershocks of Tues- the Kurils, which was hit by waves as to a magnitude of 5.5 rallied the region

day’s massive earthquake, as scientists high as 9 feet (3 meters).

tried to dete rmine why the initial tremor The iremor. the strongest to hit the age or injuries were reported,
caused relatively little damage in Japan, area in 26 years, was centered 13 miles A reporter on Sakhalin Island in the
Seismologists said that some quirk of (21 kilometers) under the sea. about 100 Kurils said many people had evacuated
underwater geography apparently miles off the northern Japanese island of coastal areas, fearing more waves,
shielded Japan from what could have Hokkaido and near the Kurils. “They are in the hills with no food, no

TO OUR READERS IN BERLIN

You can now receive the IHT hand delivered to your
home or office every morning on the day of publication.
Just call us toll free at 01 30 84 85 85

been a devastating jolt and catastrophic No fatalities were reported in Japan water or personal belongings.’' said the

tidal waves, or tsunamis, from the quake, as a direct result of the quake, but an air reporter. Yevgeni Kulkov,
which registered 8.2 on the Richter force jet went down while surveying the In coastal areas of Japan,

scale. A quake of magnitude 8 is capable east coast of Hokkaido. The wreckage often cause far more fatalities than die

of tremendous damage. was spotted Wednesday and the b

“Considering the magnitude, it’s one of two pilots was found,
strange that a much larger tsunami The police in Japan said 228
didn't hit Japan,’’ said Yoshihiro Ohara were injured, all but one in Ho!

lildings, most in Miyagi, halfway be- although one was 6 feet. There were no
reen Tokyo and Hokkaido. reports of any damage.

Dozens of aftershocks measuring up TTie Pacific Tsunami Warning Center
a magnitude of 3.5 raided the region in Hawaii issued a tidal wave wanting
Wednesday morning, but no new dam- for all Pacific islands and coastal areas,
;e or injuries were reported. including the west coast of the United

A reporter on Sakhalin Island in the States and Canada,
mils said man y people had evacuated Hawaii closed its public schools and
astal areas, fearing more waves. beaches early Tuesday and ordered resi-
“They are in the hills with no food, no dents of coastal area's to evacuate. But
iter or personal belongings.” said the the waves reached only IS inches and
porter. Yevgeni Kulkov. the tsunami warning was lifted through-

ln coastal areas of Japan, tsunamis out the Pacific about six hours later,
ten cause far more fatalities than (he A one-foot tsunami was spotted Tues-

was spotted Wednesday and the bodv of actual temblor. Most of the nearly 200 day afternoon in the western Aleutians,

.V . M . . P 1 “ J .1. . • _ 1. * ■ .1 t l AAA ' I . ... f 11 .1.1. J-

of the Central Meteorological Agency in and none seriously. Roads were split by-

deaths in a July 1993 quake in northern
le Japan were attributed to 100-foot tsuna-
lo mis.

>y By early Wednesday, about 40 small

liO\:

: quake caused the most damage in

fissures, and flooding from burst water tsunami waves had been observed in
mains damaged about 500 homes and Japan. Most were less than 3 feet high.

about 1.000 miles cast of Hokkaido, said
Paul Whitmore. a geophysicist at the
Alaska Tsnuami Warning Center.

Tsunami are generally not considered
threatening to coastal areas until ihev
reach 3 feet. Mr. Whitmore said.

i i r l:

BOOKS

THE MARRIED MAN:

A life of D. H. Lawrence

WHAT THEY'RE READING

'By Brenda Maddox. 652 pages.
.£20. Smckdr-Steyenson.

-Reviewed by
jCatherwe Knorr

I TS A measure of the diffi-
cult task Brenda Maddox

I cult task Brenda Maddox
took on with this biography of
D. H. Lawrence that she has to
‘defend herself in the preface
against objections that could
be paraphrased as Why now
‘and Why him? After all,
masses of words hove been
written about Lawrence and
his famously dirty books, his
reputation as a writer is not
-rock solid, and both he and his
wife, Frieda, are difficult to
like.

In “The Married Man,”
Maddox, whose biography
“Nora” profiled the wife of
James Joyce, draws Lawrence’s
short ana turbulen t life through
his relationship with the most
important women in that life,
his mother and bis wife.

Maddox seeks not only to
shed new light on Lawrence’s
psychological (and sexual)
makeup but also to improve
his image, to portray him as a
more likable, joyous character
than he usually seems. She

• Simone Branau, president
of the Citfe Internationale des
Ait s, a Paris-based arts founda-
tion, is reading “Romans et
Nouvefles,” the short stories of
Stefan Zwog.

“The stones are sad and ro-
mantic, and Fm not sure HI
finish them. But that’s what is
good about short stories, you
can stop and carry on 20 years
later."

(John Brunton, IHT)

finds that he exaggerated his
poverty in later life, when his
writing was bringing in quite a
bit of money. To all this she
brings a- sharp analysis of new
malarial such as letters and
memoirs, as well as her own
close reading and painstaking
research.

Lawrence, as is well known,
was a miner's son, whose moth-
er was bitter at her failed mar-
riage. David Herbert, or Bert,
was sick from birth but intellec-
tually bright, a talented artist
and a voracious reader. Al-
though he went to college, he
did not get a degree but a teach-
ing certificate and afterward
taught at the Davidson Road
school in Croydon, homesick
and racked by sexual longing.

1 game (and seems to have

thought ahead to the joys of

being the widow Lawrence).

Maddox believes that Law-
rence has to be understood not
Rjn 1 as the prophet of sexual libcra-

| S )*» | tion but as a married man, as a

10811 w ho always wanted to be
| :? 1C 1 gfl married, as a man who bitterly ,

1 ^1 w I f regretted the fact that he did

r»i not ^ ave c ^^ ren » 88 8 1080 who

uS I 55 || hated women but also under-
fi| ** stood them, as a man whose sex

life was quite limited. His life
was frenzied, a race against
death, against the killer he al-
ways denied, the word he never
At the home of a former pro- usai, tuberculosis,
ssor, Ernest Weekley, he met A lot of Lawrence’s work

The IHT Pocket Diary
Fits In The Palm
Of Your Hand.

lessor, Ernest Weekley, he met

his fate in Frieda von Richtho- draws heavily on his life, and he
fen. Weekly's wife and the himself theorized constantly in |

icn, weeiueys wue ana me mmseu meonzed constantly in
mother of bus three children, his books and in his compelling j
Frieda was one of three sisters and unpredictable conversation

who were, according to one of on the insoluble problems be-
their husbands, totally immor- tween men and women. He was

al Maddox believes that Frieda frightened of women, psycho-
seduced Lawrence within 20 logically and sexually, and sex-

seduced Lawrence within 20 logically and sexually, and s<
minutes of their meeting, which ually ambiguous about men.
seems a bit of a stretch, but is

cenainiy metaphorical true. - M ? dd ^' s ***
The Lawrences

r ‘7 rvrn^nv 08 ^et, and it does reveal a

£? ad ’ I ta l- y ' x? e ?“ an £ lighter side of Lawrence. There
France, Australia, Mexico and, j/fa owevCT , a danger in probing

famous*, for a tune m New £ lif eTnot to mention

Mexico, invited by Mabel S bST» iS.

theorizing about Lawrence’s

Frieda (or at least traded for a for certain sexual

t ‘if practices sometimes seems to

ranch lata - named Kiowa. Law- £e lS^£ouTtru-

rence pursued his occasional jy adding something important

BRIDGE

dream of settingup a utopian. ^ ^ ^ ^

community called Rananim,

something that was unlikely At some point, Lawrence's

By Alan Truscott

iAr&S

I N,^ diagramed deal Easts PerfiaD c thought West, the fl- preatciawe temper, ana was mie* ior pnjiosopny m ms

nS^Sle^Sightoer, asking also cold and manipulative, books. If Lawrence is a brilliant

in that suit for a player who has
doubled one spade originally.
Perhaps, thought West, the fi-

ever to work out given how little sexual problems are as uninter-
he was able to get along with esting as the overwrought ver-

>ie. He had a wild and un- biage that sometimes substi-
ictable temper, and was lutes for philosophy in his

CfjSP

was peculiar, but there are no

rules for bidding extremely for an unusual lead.

freakish hands. Anything that Sn West led a soa

freakish hands. Anything that So. West led a spade, expect-

lets the bidder eventually be- j„g a ruff, and South gratefully
come the declarer can be judged took all 13 tricks for a score of
a success. 2,470. Notice that the happen-

South’s bid of two hearts apv- stance of South’s artificial two-
pears natural but was in fact an heart bid bad played an impor-
artifidal raise in spades in the; tmt role: East on lead would

turnin g suddenly against peo- writer at times, with extraordi-
ple he'd previously courted. nary evocative powers, he is

powers.

His relationship with Frieda also turgid and long-winded
was famously tumultuous, and and sometimes asinine. As he

included beating her, although was in life.

she was a willing player in the International Herald Tribune

Year after year — even at a period when
diaries abound -the International Herald
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methods of the partnership. She surety have chosen a diamond,
even tuall y earned on to seven

it i di

Hi "■

hearts ova: seven dubs follow-
ing an old principle: when in
doubt in a highly competitive *

auction, bid one more for luck. o

. In seven hearts doubled, the 4

opening lead was crucial. After west<d>
a routine club lead. South + j 10 5 4
would have ruffed in dummy, J J 5
drawn trumps and established ^ 3 i

spades. There would then have
been two spade winners is the +

dummy to take care of the de- 0

■ darcr’s losing diamonds. +

It is obvious looking at the

diagram tha t a diamond lead Both sides
would have given the defense gating:
the first two tricks, but that was JgJ ™
-not so obvious to West She was 4 *

sure that East was void in Pass
spades and it did not occur to j£ss p*
; him that East was also void in ™
hearts — an abnormal holding west fed uk

UVrERi'iATlOiVAL

NORTH
♦ A98762
ttAKJSfl
0 lft ft

ft-

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SOUTH
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• Measures 8 x 13 cm (51/4 x 3 in.).

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• 1995 notable dales and national
holidays in over SO countries: world
time-zone table; international telephone
dialing aides and country prefixes
conversion tables of weights,
measures and distances.
• Blue ribbon page marker.
■ Includes removable address
book dial fits snugly into its own silk
pocket. No need to re-write your mast
important phone numbers — the address
book will fit right into next year's diary.

• Each diary packed in a blue aft box.

I

I Please send me 1995 IHT Pocket Diaries.

I Price includes initials, packing and postage in Europe:

1 1-4 diaries. UK £22 (U.S.S33 teach initials

| 5-9 diaries UK £2030 < U.S, S3 1 ) each diar y

j 10- 1 9 diaries UK £18 (U.S.S27 teach j |

I O Additional postaee outside Europe £4.50 1 U.S56.90)

! n Check here for delivery outside Europe bv registered ivr
J certified mail: £5.75 i‘U.S.SS.60) per package plus postage.

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For detail* fax Paul Baker ai
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West led the spade four.

Mail or fax this order linm to:
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37 Lambton RosuL London SW20 OLW U.K.
Fax: (4481 j 944X243

. ;

Page 8

INTERNATIONAL HERALD TRIBUNE* THURSDAY. OCTOBER 6, 1994

EUROPEAN

TOPICS

France Fights a New Americanism
As It Copes With a Rise in Obesity

Stories, sometimes a bit condescending,
about obesity in the United States seem to be
a staple feature in the French press. But it
may be time for the French to consider their
own backyard.

Studies around Lyon and Nancy show a big
rise in the numbers of overweight children:
The rate rose by 17 percent from 1980 to
1990, and extreme obesity shot up by 28
percent.

What's happening? French researchers
blame the same factors that have led to a
doubling of obesity among young Americans
in the past 10 years: the arrival of fattening

Hie train brakes suddenly, there is a mo-
ment of confusion, then a voice comes oo the
loud-speaker to announce a disruption in
traffic because of a “serious incident involv-
ing a passenger.” It is happening much more
often than in the past reports Le Figaro of
Paris. In the 1970s, about 50 people a year
tried to take their lives by jumping in front of
trains or Metros in the Paris area. This year,
124 people have done so, and 70 of than died.

The victims tend to be young and often
poor, according to Dr. Pierre Bailly, who
studied the matter for the group SOS Amitie.
Premeditated suicides happen very rarely in

As Sanctions Are Eased, U.S. Still Doubts Yugoslavia

public places, he added, so he believes that
most of those who leap are acting on impulse.

most of those who leap are acting on impulse.

The Metro authority has tried to fight the
problem, installing anti-suicide pits under the
tracks on two lines, so that people might fall
under trains. It also plans a system of auto-
matic doors on the future Meteor line to keep
people away from the tracks until the train is
in the station.

By Barbara Crossette

Sew York Tunes Seme*

UNITED NATIONS, New York —
Despite the suspension of some sanc-
tions against Yugoslavia on Wednesday,
the Clinton a dminis tration is continuing
to study reports that military supplies
are still crossing the Serbian border into
Bosnia, a U.S. official said.

But the administration has not yet
decided whether to turn over its infor-
mation to the United Nations, the offi-
cial said, asserting that it is reluctant to
divulge information on intelligence
methods and sources.

Last week. Defense Secretary William

J. Perry said at a meeting of defense
ministers of the North Atlantic Treaty
Organization that the Bosnian Serbs ap-
peared to be getting some weapons or
other equipment from Serbia, whose
president, Slobodan Milosevic, pledged
w September to cut off such border
trade.

His comments came after the ch ief
U.S. delegate to the United Nations,
Madeleine K. Albright, had voted for
the lifting of some of the sanctions if
Secretary-General Butros Butros Gfaali
certified that Mr. Milosevic was making
good on his pledge. Mr. Butros Gbali
sent the Security Council a report from

an international monitoring team this
week saying that Serbia, which domi-
nates what is left of the Yugoslav federa-
tion, had honored the pledge.

The relaxing of sanctions under Reso-
lution 943 of SepL 23 allows the reopen-
ing of the Belgrade airport and the sea-
port or Bar in Montenegro. Yugoslavia
will also be permitted to return to inter-
national cultural and sports events.

■ Yugoslavs Jubilant

Yugoslavia was celebrating the easing
of the sanctions, imposed 28 months ago
for triggering the war in Bosnia, news
agencies reported Wednesday from Bel-
grade.

“The Blockade Has Fallen,” the
newspaper Vecernje Novosti pro-
claimed in bold letters across its front

^the first official reaction, aVugo-

, : xfinietru nfficiaL nranKO

xn tne nisi w

Slav Foreign Ministry official, BrankoJ
Hrankovic. called Un action “a modest*

Brankovic, called UN action ^ modest
but important first step m lifting all

sanctions.” , ...

He said that the embargo shouJdDe
lifted totally because it only encouraged
people who wanted to continue the war

in Bosnia. ...

The Bosnian Serbs, meanwhile, re-
neged on a promise 10 allow temovc- j
mait of convoys. (AP, Reuters) J

British Publishers Set to Dish More Dirt on Diana

i 'unk food, a move away from eating regular,
lot meals at Fixed times, and an increasingly

hot meals at Fixed times, and an increasingly
sedentary lifestyle.

There may be one small silver lining. If the
young French are more sedentary, the blame

cannot be fixed entirely on MTV and video
games. Another study has found that 82 per-
cent of French children aged 7 to 1 1 read at
least one book a month — well above the 57
percent of their parents who do so.

Around Europe

Two German magazines aimed at the job-
less, Job Aktuell and Pro Job. appeared in
March amid much local publicity. Each
hoped for a readership of 300,000 or more
from among the country’s 3.5 mill i nn unem-
ployed. Unfortunately for the jobless market,
German unemployment is now at a 10-month
low. Both magazines have folded, and their
journalists have become job-seekers.

Britain's advertising watchdog has con-
demned the state tail network for an advertise-
ment that showed 12 yellow condoms ar-
ranged in a circle like the European Union
flag.

The Advertising Standards Authority said
British Rail denigrated the EU flag and was
“grossly irresponsible in its encouragement of
promiscuity.”

The advertisement, designed to boost sales
of European Rail passes for young people,
was headed: “Inter-raiL You've got the rest of
your life to be good.”

A British Rail spokesman defended die
advertisement, saying research showed a sig-
nificant number of 18- to 25-year-olds had
sex on vacation without condoms.

Compiled by Our Staff From Dispatches

LONDON — Fresh trouble appeared on the hori-
zon for Diana, Princess of Wales, on Wednesday with
reports that more private-life revelations would follow
the allegations this week that she had had a long affair
with a cavalry officer.

At least two books about the life of the princess and

her estranged husband. Prince Charles, are due out
next month, ensuring that the couple’s bitter feud will
stay in the headlines.

The Daily Express said one of the books, by the
author Andrew Morton, would name a married man as
“now the central figure in her life,” someone she
turned to for “comfort and support” as rumors spread
of her ties to James Hewiu, a former captain in the
Life Guar d s.

But Mr. Morton's publishers said his book bad
nothing to do with the ^various scandalous allegations
made about the Princess of Wales” in die Express.

Buckingham Palace said the new stoiy — which did
not say that the two had had an affair — was pure
speculation.

Yet, another volume featuring the turbulent mar-

Brian Knowlton

riage of the Prince and Princess of Wales, this time by
a respected journalist, Jonathan Dimbleby, was
thought to be due for publication within weeks.

Opinion polls showed Wednesday that the public
still supported Diana despite the allegations m the
gushing purple prose of “Princess in Love” that she
had secretly made love to Mr. Hewitt from 1986 until
they drifted apart five years later.

The book by Anna Pasternak, whose great-uncle
Boris wrote the Russian classic “Doctor Zhivago,” has
sold 100,000 copies in three days, but the author and
Mr. Hewitt, 36. are now in hiding.

Mr. Hewitt, who lost his job in army cutbacks, has
been blackballed by former fellow officers as a cad and
a bounder.

Miss Pasternak says Mr. Hewitt will not make a
penny, but he has just bought a country mansion, and
tabloid newspapers predicted he would earn op to $5
million from the tales of passionate love sessions at the
princess’s London home and country estate.

British newspapers said a Hollywood film company
was already planning a film of Diana’s life starring
Michelle Pfeiffer.

The book, dismissed by the palace as grubby and
worthless, is the latest embarrassment for the royal
family, following several years of marriage break-
downs, topless photos and tales of lavish expenditure
with taxpayers footing the bill.

A poll by the Daily Minor offered a dire warning to
the House of Windsor, which for many has bear
turned into a glorified soap opera, for enric hing tab-
loids and paparazzi photographers.

Nearly three out of four people who were asked
thought the monarchy should be scrapped in Bn tarn
after the death of Queen Elizabeth IL

Even staunch monarchists, seeing that something
must be done to salvage the monarchy’s reputation,
have begun this week to call for Charles and Diana to
divorce quickly, or for Charles to renounce his claim to
the throne in favor of his 12-year-old son, William.

In the poll, only 27 percent of readers blamed the
33-year-old princess for the alleged affair. Her popu-
larity also seems not to have been harmed by allega-
tions that she a male friend with pest phone

calls. (Reuters, AFP)

« =1
- e - I

INTERNATIONAL RECRUITMENT

Feed the children (Europe)
is a British-based emergency
RELIEF AGENCY.

We are now seeking

1. Excellent command of English and French.

2. At least 2 years’ experience in the management of emergency
relief programmes, preferably in Africa.

3. An understanding of Issues affecting woman and children In
relief/development.

4 .Good financial and reporting skills.

Contact length: 4-6 months.

Salary: UKP 18,000 per annum pro rata plus accomodation, local
living allowance. Insurance, paid leave.

PlftJSC fax your CV u-iLfi a covering teller to
Director of Programmes f RWANDA!, Feed The Children.
44/734/588988.

Interviews will take place In London or Brussels.

INFORMATION

MANAGEMENT

CONSULTANTS

Temporary Assignment - Asia

James Martin & Company, an internationally recognized lead-
er in information technology consulting, has immediate opportu-
nities for talented, innovative, highly motivated professionals
to strengthen the Client Management expertise of our Asian
team, and the overall solution delivery in a methodology/
CASE environment

Successful candidates should have a proven track record in
the delivery of projects in the above skill areas as well as in

business development preferably in a large consulting firm.

Based out of our Manila. Philippines location, the assignment
may be in Hong Kong, or in other Asian countries for a 9-15
month duration. At the end of this assignment you will be
relocated back to the U.S. to play an important continuing
role in James Martin & Co.

PRESIDENT AND CEO

AM1DEAST is seeking a senior executive, reporting to the Board of

AM1DEAST is seeking a senior executive, reporting to the Board of
Directors, to manage the organization's education, information,
and development programs and to lead the organization's
fundraising. business development, and public relations
activities.

Requirements Include extensive, high-level executive experience,
substantial work and living experience In the Middle Easl/Norlh
Africa: understanding of U.S. government grants and contract
process: experience with nonproQts. and supervision. Gnancial
and budgeting experience.

To npptp please submit caver letter and detailed resume to:

Ms. Helen Hablbj,

Executive Secretary to the Board
AMEDEAST

1100 Seventeenth Street. Wff
Washington. D.C. 20036
or Jo:

Confidential FAX Mailbox #503-721-5840 USA

SQL. Sybase. ADW. 1EF, 4GLs, Relational Database. CASE
Tools/Methodology. Client/Server Technology, and/or
Powerbuilder Instruction/DevelopmenL Also required are
project management experience, and excellent presentation
and communication skills. Foreign language skills, preferably
an Asian language, are desirable.

We offer a highly competitive compensation and benefits
package. For immediate consideration, please send your
resume to: James Martin & Company, R e q uiti ng Manager/
EHT-106, 2100 Reston Parkway, Suite 300, Reston. VA 22091,
FAX#: (703)715-4212. An Equal Opportunity Employer
M/F/D/V.

TAMES MARTIN

J— -&Co.

GENERAL ORECTOR

US Automotive Distributor
in Central Europe
seeks

Automotive efctributton experience preferred.
Responsible tor over oil operations
of ctefrfoutorshlp & dealerships.

Must have proven management credent! cSs.

Fax tetter of oppSccrtlon & resume to:

U.S. (313) 996-2624

DIRECTOR OF MARKETING EUROPE FOR
COMMUNICATION OPERATING SYSTEMS
(OUTSIDE PLANT)

The company is the world leader in electrical/electronic
connection devices.

The ideal candidate is in his mid 30s or 40s, with a minimum of
10 years experience in Sales & Marketing or Product
Management with Telephone operating companies and/or
Telephone contractors (installation and maintenance).
Fluent in English, an effective communicator. Knowledge of other
European languages a plus.

The Director of Marketing Europe for Communication Operating
Systems may be based in most of- the major European countries.
Please send your CV to: Box 828, IHT, Via Cassolo 6, 20122 Milan, Italy

Wffft hi

DYNAMIC 34, BENCH LADY sooks
oppartiswv m Pom bared mufcno-
head. Fdf European franng. Engfah.
Spanish, martetng, int'l Irode, eco-
nomics. buunra -xha w ronon. Ew-

opeon low. ConsHtw (tense (Excel/
Winwofd/Word S|. Extarnve prewoux
world IrmI m prewous pbs. Com-

U.S. Regional Manager

Reporting to the International Business Director you will be
in charge of sales development, customer relations and
overall management for a Mid-West subsidiary ot a French
company The candidate must have 10 years of operational
and sales strategy experience in the service industry. The
successful individual will be capable of developing long
term relationships with customers and motivating staff at all
levels English mother tongue preferred and should have
some knowledge of French Salary and benefits
commensurate with experience and ability.

nunmtian Foe By m M l anworantni
Goad hump* 6 dademd. IF you
comp any hoi a vneoney faroieo#-
Xxy/axnart Wth tuy veMnAot
Please FAX; In I etesfted IKT. re

EXECUTIVE

AVAILABLE

Box N° D436, IHT
92521 Neullly Cedex, France

SALES MANAGER

for our office it Mojcow' 9. Petersberg.
to create a mawrful sates network, n
CG far morfcehog eppfatoa.

EUROPEAN, MD with MBA

nOMOULMBA, ID ye w USA e».
penence. financed and idundwi

• S jnmzv w*nenc* in managing
IKtancf SOWS

» BA OI MBA « Busmen or Martebng
0 stotf have wwtenfl knowteijc of

• Generous bona aid profit *qnng
plat for dymiric aw res* orienfed

rfttfwduaL

Fbenf n Engfch, French and Germcn,
35. married io Asian with 2 bdv. Si
teas of wportence ri the cfamooeu-
led industry «h 3 yean in can Alia »
looking for new dxfange in marlafang
or gsnad management prefera b ly in
Em> Asa but iwgoiwfcte.

Presently baled m south East Ain.
Please Fax to JF: {2-21445 25 69

cos control
72

GENERAL POSITIONS
wanted

GENERAL POSITIONS
AVAILABLE

Fax resume Ur. 305-275*036 fUSAj.

HOTEL MANAGER .

is req u ire d to roasage pypwtt**
in Kb. Mdfarcn and MerooL

Umeniy *0*5
oawmftng, hwi & English

Send CV.toL.Bw 3732 .011,
92321 Ne««y Cede* Prow*

(For nUtrMW purposm.)

gyrrtfflVES AVAILABLE

ENGLISHMAN in London or Axis «£
Me die Ml ernriencSb an W" &

raORSSIONAL

TH&MAKETMG

Female annuitant |Gerwr(, fluent
German & Engfch, 15 yeoij e x perienc e
m f femcrtw ng, parser**! and W
tamer servo, dams to butt

T ele ui a befeig farce fee

preferably fe^xirSS^ y hamburg

Germany or other European cwjrtnas.

Please wfle to box 3736, IXT,
Friedridetr. 15, 1 X60323 Frankfwt/Mian,
Germany

non with o ropunUe ordanaefion,
CanUB: The Adverts*- PO Bat
3M4 PumajJ*a 25555 Kiimsi. Te If
facKS 5628604

H.; 1 ;,'>:rli,'n; ! ,'T V, V ’ M

REEtANC EXECUTIVE {5W1HJ,
finance bac k gro u nd, srwid ifafe.

rawncc Mwwwnim —

leodenhp. brood «jwfet», ■*»»■
hand u s agiM enfi, w*
pasty. Phot a ntoa Bax 3737. UtT,
92521 Neu*y Cedsx, Franca.

HJHNG COORDINATOR in your
country a rcpresWtfrw for sx-

a's.snCTsSTifi '’ 0

1 a wiedj M sH w ; 3
1 * ,*. ! 1 _. i wry %j- j ni.

Technical Service Company to be Established in Japan

Family-owned manufacturing company with production of machinery for the automatic vice in Japan we are establishing a subsidiary

more than 1000 employees and installations packing and wrapping of consumer goods. In in the city ot Hamamatsu, and are in need of

world-wide has the highest reputation for the order to increase our technical customer ser- an

Assistant General Manager

to manage day-to-day operations with the po-
tential to succeed the present general manager
within a few years.

After an initiation period of several months in
our German head office, he will move to Japan
where he wifi be responsible for daily activi-
ties, including customer contact, coordination
of process, and education and guidance of the
Japanese technicians.

We are looking for a Japanese mechanical en-
gineer of about 35 - 45 years of age, preferab-
ly with a working knowledge of file German
language, and familiar with procedures of Ger-
man companies. His professional experience

should include the after-sales service of high
quality machinery.

ice of the ||S1 52,*51i

[ informatk

Kienbaum und Partner

Interested candidates are invited to contact our
personnel consultant, Herr Klaus Raabe, pho-
ne 02261/7031 48. or send a letter of appli-
cation with resume, quoting refjir. 864351 . to
Kienbaum Personalberatung, Postfach 10 05
52. *51605 Guiiimetsliatrii/Getiiaiiy. All
information will be held in strict confidence-

Internationale Personal- und Unternehmensberater

Gummersbach, Diisseldorf, Berlin. Dresden. Frankfurt/Main. Hamburg. Hannover. Karlsruhe, MOnchen, Stuttgart;
ZOrich, Wien, San Francisco. S3o Paulo, Johannesburg

U»DTH3 MOX3NS NATIONS UNE3

WiTED NATIONS

&

The WWF-World Wide Fund for Nature, one of the wortd's largest international
conservation organisations, is seeking a

wwf DIRECTOR FUND RAISING

Director, Regional
Office tor North
America, D-2

New Jerk, New York

Based in the organisation's international secretarial near Geneva. Switzerland, you will be responsible
for formulating and implementing fund raising plans in order to develop financial support, from
individuals, trusts and foundations.

Under the guidance d the Executive
Director, UNEP, Incumbent represents
UNEP and Its Executive Director In the
dtfferenr fora or the UN Headquarre®
malrualns contacts with the diffetenrllN
bodtosJbcared In the USA and Canada
motnregrs Dotson wtih the govemmeno
of the USA and Canada KGO's,
academic, prtvare secret and other
entities m the two countries; provides
Information and ortenrarton about the ■
UNEP ro the USA and the Canadian

Leading a small but highly motivated Fund Raising team, you will be a vital pan of the organisation's
top management. Regularly interacting with the programme teams and Fund Raising departments
within the different National Organisations worldwide, your creativity, dynamism and diplomacy will
serve to significantly increase membership and sponsors.

authorities, permanent pepresenratives
10 the UN. Nob's In the region and

orher bodies; pantclpares (n the
formulation of policy, jrrareclc ejection.

To fill this challenging position we are searching fora very special individual with at least:

• 10 years top management experience

• Proven Marketing/Sales/PRJFund Raising skills

• Fluent English and French, other European languages an advantage

• Above average communication and leadership skills

• Top class references and contacts throughout Europe

• A dedicated commitment to conservation

Conditions are in line with the organisation's Swiss policies and standards and reflect the importance
of the position.

Interested candidates should apply in writing, enclosing a complete CV
and references to:

experience m national odmtnarafl o n
and In diplomatic negotiations.
Famlllarlry wirh rhe field of
environmental concerns. Candfctores
wtti te level untvedfy degee and 26
years of experience may be
considered. Fluency In English or
Frentfs working knowledge erf airier UN
offida/ languages destnabJe.

FINDERS SA^ Recruitment Consultancy
Escalicrs du Grand-Pom 5. CH- 1003 Lausanne
Fax: (41-211 3/2 99 60 / TeL: ( 41-21 1 312 99 S3

Preference vril be given to equally
qooBfed women candnafes.

Remuneration: Depending on
professional background and
egoetienoe, annual net salary from U5
; 538.405 (wltixxr dependent and US
196,344 (w)rh dependenrs), plus a
number of additional benefta. when

ADMINISTRATIVE SECRETARIAL POSITIONS

granr. employer's contribution ro
pension fund. 6 weeks' annual
vacation paid home leave every rwo

years. Closing dare for receipr of
applications: 24 October 1994.

Applications wtih ful ajrrtaAm vfrae.
Jndudng salary 1 history, bhh dare and
nartondlry, mould be senr ro: Ms.

nartondlry, mould be senr ro: Ms.
Sumiyo Sudo-Roo, Office of Human
teouras AtenagemenUoaffl 6-2535,
United Notions, Sew York NY 10017,
USA. FAX: Q123 963 3134.

I. -i

wn. TAX A LAW FIRM Engfah
mother tongue bfennl sensory.
Working papers. FFlOjOW noth +
-136HB nwoV Tet Bah 1-46 394028

HUNffl ARTIST/ ART TEACHES :
periraf aiders Middv Eat & lea
poo M/BttfaAJS. Tel 03) 93 01 4

H£ OUAURffi, SMART. H-

ajody swla secetorid jcb on
•CH HV1SM, Mo orta th sonri-
4 femow. Tefc 03} 93A1 J8J24

bferaatioital
Herald Triboae
ads work

™PH>ufand Remiitmen*

every Thursday

Contact Ph%,Onxa
TeL: (33 1)46 37 93 36
foe 1331) 46 37 93 70
or your nearest IKT office
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Page 10

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

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HEALTH /SCIENCE

It’s Official!
Caffeine Really
Is Addictive

By John Schwartz

It’osAingroff Post Service

W ASHINGTON — In findings that will shock no
one who gropes for the coffee pot first thing in the
morning, an article published in Wednesday’s
issue of the Journal of the American Medical
Association reports that “caffeine exhibits the features of a
typical psychoactive substance of dependence.”

The authors of the report, Roland R. Griffiths and col-
leagues of the Johns Hopkins School of Medicine, have even
given this fact a name: “caffeine dependence syndrome.”

That caffeine can create a physiological dependence has been
known for some time. For regular caffeine users — and that
includes SO percent of adult Americans — even a day without
caffeine can lead to headache, lethargy and depression, as the
same group of researchers found in an earlier study. But the
new research puts those physical symptoms in the broader
context of the diagnostic framework used by the American
Psychiatric Association's Diagnostic and Statistical Manual of
Mental Disorders, Fourth Edition (DSM-IV), which sets crite-
ria for diagnosing substance dependence.

Along with physical withdrawal symptoms, the researchers
used three other criteria for dependence under the DSM-IV
guidelines, including persistent desire, dose tolerance, and
unsuccessful efforts to control use — in some cases, despite
recurrent physical problems that might be made worse by
caffeine use.

Of the 27 people in the study tall of whom identified
themselves as being dependent on caffeine), 94 percent expe-
rienced withdrawal when taken off caffeine, and the same
percentage continued to use the substance despite physical or
psychological problems that they associated with the use of
the dfiie/Eighiy-one percent had been unsuccessful in efforts
io cut down" The researchers found that 16 of the volunteers
fulfilled oil four of the DSM-IV criteria for a diagnosis of
substance dependence.

Dr. Griffiths, a behavioral pharmacologist and one of the
authors of the JAMA study, said his work in no way constitutes
an attack on coffee or other caffeine-containing beverages.
“This paper doesn't say that you should stop caffeine” if it
doesn't appear to be causing you problems, he said. The
researchers suggested further study to establish the prevalence
of the condition, and concluded that “further characterization
of the dependence syndrome of the most widely used psychoac-
tive drug in the world may also serve as a useful model for
understanding the dependence syndromes of other drugs."

T HE Food and Drug Administration is considering
regulating tobacco products based on the addictive
nature ot nicotine. Opponents of regulation have
often tried to show parallels between tobacco and
other widely used substances, such as caffeine.

FDA officials and medical experts have objected to the

: of the new study.

comparison, and continued to do so in light ■

Jack E Henningfield. a scientist at the National Institute on
Drug Abuse, called caffeine dependence “a benign dt

Drug Abuse, called caffeine dependence a benign drug
addiction.” and said he disagreed with the logic that says, “if
you regulate nicotine you have to regulate caffeine — it’s two

different animals.”

The FDA spokesman. Jim O’Hara, said that the agency's

_ mey ;

authority to regulate caffeine is well established. “The FDA

has regulated caffeine as both a food and a drug for
years. *’ Mr. O’Hara said. He added that the FDA h;

many

has the

power to restrict levels of caffeine that might be “ordinarily
injurious to health.” a line that even a double espresso does
not cross.

W orld on Alert
For Suspected
Cases of Plague

By Lawrence K. Altman

New York Tima Service

EW YORK— As in-
ternational medical
surveillance for plague
intensifies, at least six
countries have investigated sus-
:t cases from India but none
jve been confirmed, health of-
ficials said.

<T, Seou B Angus for The N*» V«l Tim NYT mop

In a Honduran cave, archaeologists have found remnants of an unidentified culture.

Pre-Columbian Palace of Dead

By John Noble Wilford

New York Tima Service

ATACAMAS. Hon-
duras — The narrow
road into the Hondu-
ran rain forest was a
mire of black mud, a grinding
test for the hardiest four-wheel-
drive vehicles. After fording a
wild river, everyone had to get
out and hike up a steep slope
crawling with fire ants and
bounded by walls of vines hang-
ingfrom tall trees.

This was the way to Cueva de
Rio Talgua. the Cave of the
River Talgua, a haunring place
the explorers had taken to call-
ing the Cave of the Glowing
Skulls. It is the site of a new-
found archaeological mystery.

A tongue of water rushed out
of the cave's mouth. Following
the •s’ ream. sometimes wading
up . . _aeir thighs, archaeolo-
gists plunged several hundred
yards into the interior for their
first scientific examination of a
discovery made in April.

They ventured through side
passages and up into chambers
well above stream leveL They
finally passed through a small
opening near the ceiling of one
chamber and by the light of
their headlamps, caught their
first sight of an astonishing
scene — a pre-Columbian pal-
ace for the dead.

Stalactites of calcium car-
bonate, cal cite, dripped from
the ceiling of a cavern more

than 100 feet (30 meters) long,
12 feet wide and up to 25 feet
high. Tuneless seepage of water
through limestone had left de-
posits of calcite everywhere,
seemingly frozen in midflow.

In the recesses of the cur-
tains, in every crevice and on
every ledge, were piles of hu-
man slndU and bones, sparkling
with coatings of tiny calcium
crystals.

James E. Brady, an archaeol-
ogist at George Washington
University and leader of the in-
vestigation, spoke with growing
excitement.

“Look here. two. four, five,
six skulls,” he said. “Here's
some red pigment, something
often associated with burials as
far bade as the Neanderthals.
Who knows bow many more
bones are beneath these, ce-
mented in the caldte?"

After several visits to the cav-
ern, Dr. Brady estimated that
the visible remains represented
from 100 to 200 individuals.
Who were they, to what ancient
culture did they belong? When
did they live and die?

Dr. Brady, who speci alizes in
Mayan cave archaeology, said
the evidence so far ruled out
any dose relationship to the
Maya, whose dvilizarion domi-
nated upper Central America
and southern Mexico in the first
millennium.

But the 20 undecorated ce-
ramic bowls and two thin mar-
ble vases found with the bones
could not be matched with the

styles of known non-Mayan
cultures in what is now Hondu-
ras. Based largely on the ceram-
ics. he said, the burials could
have been as recent as A. D. 500
or as early as 300 B. C.

“It’s frustrating.” he sighed.
“We have all this beautiful ma-
terial and no way of immediate-
ly relating it to a per tain rime.”

A pasture less than a mile
from the cave entrance may
hold answers. There. George
Hasemann. director of archae-
ology at the Honduran Institute
of Anthropology and History in
Tegucigalpa, who accompanied
Dr. Brady, identified more than
100 large rectangular mounds,
presumably remains of an an-
cient settlement. Some pottery
shards recovered there were

the

similar to those found in
cave, he said.

As the next step in trying to
solve the mystery of the Talgua
cave. Dr. Hasemann proposed a
thorough reco nnaissan ce of the
mounds, beginning with some
test trenches. Such exploration,
combined with the cave find-
ings. could open a window on a
previously unknown culture 1
that livedin the shadow of the
mighty Maya civilization.

What is known is that the
area of central and northeast
Honduras was a heavily popu-
lated region on the periphery of
the Maya cultures. The people
undoubtedly had some contact
with the Maya, particularly
with the great city of Copan in
northwest Honduras.

A woman passing through
customs at Kennedy Interna-
tional Airport on Monday af-
ter arriving from India was
sent to Bellevue Hospital be-
cause she was coughing and
had a fever of 100.8 degrees
Fahrenheit (38.2 degrees centi-
grade), a federal health official
said. Tests indicated she did
not have plague.

Earlier, the bacterial infec-
tion was ruled out in two other
airline passengers who arrived
in New York and in Dallas in
recent days, the official, Dr.
Duane J. Gubler of the Centers
for Disease Control and Pre-
vention, in Atlanta, said.

Five other countries — Ban-
gladesh, Canada, England, Ger-
many and Pakistan — have in-
vestigated suspected cases
among travelers who became ill
within a week of leaving India,
where an epidemic of the pneu-
monic form of the disease has
struck in recent weeks.

after the last case is reported
there. Dr. Lindsey Martinez, a
WHO official said.

India has reported 4,780 sus-
pected cases of plague, includ-
ing 51 deaths, to WHO.

Airlines in several countries

have suspended flights to and

from India and some countries
have banned cargo from India.
But there were signs that several
countries were about to ease the
stiff controls soon as Indian
health officials said the tide was
turning against the disease.

Health officials are deliber-
ately spreading a wide net to
include many cases that may
not be plague in order not to
miss any that are.

On Tuesday, for example.
Dr. Gubler said that laboratory
tests confirmed that a 12-year
Old boy in Long Beach, Califor-
nia, had developed dengue fe-
ver, not plague, 10 days after his
return from India.

NEUMONIC plague
symptoms usually de-
velop within one to six

days after exposure to
' ;. As symp-

Although the World Health
Organization has not advised
against travel to India, the UN
agency is about to add New*
Delhi to its list of plague-infect-
ed areas because Indian offi-
cials have reported four second-
ary cases there. New Delhi will
remain on the list for two weeks

Microbial Life Deep in the Planet

By William J. Broad

New York Tuna Semce

EW YORK — Fiction writers
have fantasized about iL Promi-
nent scientists have theorized
about iL Experimentalists have
delved into it. Skeptics have ridiculed it.

But for decades, nobody has had sub-
stantial evidence one way or another on
the question of whether the depths of the
rocky earth harbor anything that could be
considered part of the spectacle of life —
until now.

Two teams of scientists, drilling deep
beneath land and sea. have independently
cume up with tantalizing clues that sw'arms
of microbial life thrive deep within the
planet. the evidence in one case coming
from a depth of nearly two miles.

Like a lost world, these communities of
microbes have been cut off from the all
other life on the planet for millions of
years, in some cases since the age of dino-
saurs or earlier.

“We’re finding lots of organisms down
there." said Dr. David R. Boone, an envi-
ronmental microbiologist at the Oregon
Graduate Institute in Portland.

The microbes brought to the surface are
sometimes unique, including the first ba-
cillus ever discovered that is a strict anaer-
obe. meaning it can live and grow only
where there is no oxygen. Its proposed
name is Bacillus infern us, bacillus from
hell.

The findings are seen as lending sup-
port to the theory, once disparaged but
rapidly gaining credibility, that the earth
has a hidden biosphere of ancient life
extending down many miles, whose total
mass may rival or exceed that of all sur-
face life.

“It’s a very hot topic’* Dr. Henry L.
Ehrlich, a biologist ot the Rensselaer Poly-
technic Institute and editor of The Geo mi-
crobiology Journal, said in an interview.

“The fact that organisms can be found at
this extreme depth is a surprise. From the
study of soils, it had generally been as-
sumed that below very shallow depths,
microbes weren't likely to be found. The
thinking now is that these organisms aren’t
just resting there in a state of suspended
animation but, when the right conditions
prevail, they metabolize and grow.”

Dr. John A. Baross, a biologist at the
University of Washington in Seattle who.
was an early supporter of the deep-bio-

One bacillus thrives only
where there is no oxygen.
Its proposed name is
the Bacillus infernus.

sphere idea, said: “So far all the evidence
supports it. The implications are that it's
an extensive environment."

The repercussions of the discoveries are
not just academic.

One of the drilling programs, run by the
U- S. Department of Energy, has isolated
more than 5,000 microbes from the deep
earth and is making them available to
scientists in government and industry.

“There's a lot of interest.” said Dr.
Frank J. Wobber, head of the subsurface
science program at the Energy Depart-
ment in Washington.

Thriving under high heats and pressures,
the microbes are seen as harboring a trea-
sure trove of rare genes and biochemical
processes that may yield innovative medi-
cal and biochemical tools. Some of the
microbes are already being scanned for
antibiotics and agents that might help fight
diseases like cancer and AIDS.

Asked if the deep drilling might open a
Pandora’s box of new human ills, the dis-
coverers generally said the subterranean
microbes were adapted to an environment
so hostile and alien as to greatly reduce the
odds of human infection.

“It's doubtful that an organism from a
strange environment separated from man
would be pathogenic,” said Dr. Boone of
the Oregon Graduate Institute. 'The best
place to incubate a virulently pathogenic
organism is where you have people.
There’s no reason to fear deep contamina-
tion.”

Dr. Tullis C. Onstott, a geologist from
Princeton University who is a member of
the Energy Department team, noted that
“every day the earth is uplifted" as its deep
parts are brought naturally to the surface
by geological forces, and their microbes
'‘thrown back into the pooL”

Until relatively recently, ideas and evi-
dence of deep life were considered either
heretical or impossible to defend. The
main problem was the risk of contamina-
tion from surface microbes.

No matter how detailed the precautions,
deep drillers looking for microbial evi-
dence had a hard time convincing their
peers of positive results.

But a mix of old and new techniques is
c h a ngin g all that, including the steriliza-
tion of drilling rigs and coring tools and
the use of physical and chemical tracers to
monitor the flow of fluids in the d rillin g
circulation systems, lowering the risk that
surface contamination could be mistaken
for deep life.

The new drilling methods, said Dr. Ehr-
lich, of Rensselaer, “are very careful.”

Another team’s report is in the current
issue of the British scientific journal Na-
ture. Dr. R. John Parkes and eight British
colleagues analyzed drillings from the Pa-
cific Ocean floor down to depths of 1,700
feet (about 515 meters). The deepest sam-
ples came from the Sea of Japan.

Versace: Rare Understatement

By Suzy Menkes

International Herald Tribune

M

I LAN — At lasu a nice navy take-you-anywhere
suit with a fitted jacket and simple knee-length
skirl from Gianni Versace. Versace? Versace!
The emperor of over-th e-tcrp fashion drew back
from the brash trash oF his recent collections. Sure the models
in his spring-summer show looked sexy. Why, some of them
did not even have time to get underpants on. before stepping
oat in goddess gowns that were draped here and slashed there,
revealing a length of leg from waist to ankle.

But with their heavenly bodies, the models seemed like
sirens, not streetwalkers. Other Milanese designers who have
followed in the wake of the shiny sexpot clothes of last

MILAN FASHION

season's Versace now look rather silly. Not to mention Elton
John, head-to-toe in scarlet vinyl in the front row with
Sylvestor Stallone and David Copperfield.

Versace gave a lively, witty, well-paced show, in which for
every buttock-skimming Grecian tunic (underpants attached)
there was a relatively sensible outfit: a fitted suit with corset
hooks tracing the seams or a simple dress in sweet-pea pastels.
Some were patterned with meadow flowers or butterflies. And
the same summery prints on terry cloth robes, swimsuits and
Mj ami-style towel-turbans enhanced the impression that Ver-
sace's urban molls were taking a breath of clean air.

T tried to be young and fresh.” said Versace, taking
compliments backstage among the bevy of supermodels who
drew crowds of groupies outside the Milan palazzo. The
designer said that the draped dresses were “a memory of my
childhood,” referring to his dressmaker mother. They also
had a glancing reference to the antique classical statues that
fill his home.

But the Grecian gowns and the tautly fitted suits seemed
more a throwback to vintage Hollywood designers like Adri-
an who dressed Silver Screen stars in a glamorous fashion.
Today’s supermodels are the equivalent of the cinema starlets
and on them fashion's current glam style was given cut and
thrust by Versace’s scissored handkerchief-point hemlines
and molded corset bodices. In slender dresses with fishtails of
fabric flipping from a fitted torso, the statuesque Linda
Evangelista and the sensuous Claudia Schiffer looked like
bionic mermaids.

Versaces draped dress with butterfly print.

Mtwmwas

Versace gave the elaborate evening gowns a modern allure
by using stretch fabrics and building the

le dresses without any
understructure (ot indeed underwear). St made a fine show,
although heaven knows who but a supermodel could wear silk
jersey slipping and slithering across the naked curves, or walk
in strappy stiletto sandals with a dress gripping thighs and
knees. A great body was, as ever, Versace’s main agenda.

“I saw the two shows,” said Schiffer's fiance. Copperfield.
“One show I looked at the bodies, and the next one at the
clothes.”

And the clothes? Everything you might expect to find on a

current magaz i ne spread: cropped sweaters, narrow pants.

full-skirted dresses. And those

back-to-the- 1 950s slim or . „

knee-length hemlines, which designers and fashion editors
keep pushing, although they still seem irredeemably retro-
grade. Designer Tom Ford's look, although well-done, looked
bade, what with Gucci’s shiny patent bucket bags, Doris Dav
purses and a vague feeling of Capri and Grace Kelly.

HE return of the fresh flower print inspired by

arly

T Falconctto designs for Ken Scott in the early 1960s,
may turn out to be the most important trend in
Milan. Blooms sprouting from pots, slices of citrus
fruit and flower-and-buuerfly prmts starred at Gucci's show
Wednesday. So did the shoes, as models staggered in high-
heeled thong-between-toes mules or wore what must be the
world’s most expensive flip-flop sandals.

It was sim ilar at Ferragamo. where the American designer
Steven Slowflc sent out pretty, ladylike clothes, from curvy
dresses with short jackets to simple tailoring in bright colors
or quiet checks. There was more of Capri revisited in crepe
blouses and narrow pants in peach and apricot sorbet shades.
But Slowik made a good job of reinforcing Ferragamo's image
of class and luxury by using beige suede with ecru linen Sd
gdded leather with navy tailoring. He even made Milan’s
favonte disco theme seem upscale and credible by cutting
metallic fabrics on clean lines. And the dainty shoes as befit!
Ferragamo, were glamorous without being ridiculous

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the plague bacillus,
toms begin to develop, an in-
fected individual can pass the
plague-causing bacterium. Yer-
sinia pestis. to others throuj; ’
droplets in the air from cou|
or sneezes.

Plague should be suspected
in anyone who has traveled to a
plague-infected area and within
a week developed these symp-
toms: acute progressive respira-
tory illness with fever and
cough, with or without bloody
sputum, or a fever and tender,
swollen lymph nodes, health of-
ficials said.

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tew
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ft - !> i

&&.! - .

* W*- -■ .

<7tS .•;..
tei< a. lit-,
ses* t> ; .
tteiV. .

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a

« M ...

a »«j .
i Ov •: ’■

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ter ,

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Columbia

^eiBSllSj^ Acquires

THE TRIB INDEX 113.17® Hosuitals

by Bioc^eig Busmsss 1W. ten, i, 1992 - loo, $ 5.4 Bfflioii Pad

For HealthTnist

International Herald Tribune . Thursday, October 6, 1994

Knowledge at a Price

Reed Has Mead Data, Ziff Deal in Doubt

t£> Compiled by Otr Staff From Dispatches

WrjpcjryJP v) LOUISVILLE. Kentucky —
Columbia/ HCA Healthcare

■ Corp., the latest U.S. hospital
company, said Wednesday it
would acquire Heal thTrust Iuc.

The $5.4 billion transaction
carries further the trend of con-
solidation in the U.S. heaJth-
i, care indusuy.

S O Columbia said the combined

ism companies would have about

$15 billion in annual revenue.

,***-_, M After the merger, Columbia

vffipSr iia* {0 would own and operate 311

ttiaapiw.itMBM hospitals with about 60.000

beds and 125 outpatient centers
in 37 states and two other coun-
tries. The company would have
172,000 employees.

The buyout portends a rise in
value for rural hospitals in the
United States, analysts said.

J A s ° Health trust has 115 hospi-

19M lals, mainly in rural areas in die

South and West

' BEBEt “It’s the smartest move that’s
144.47 Prw.; i46.09|jjjg been made to date in the cre-

a lion of Columbia," said Mj-

. fy cbael M. LeConey. an analyst

f± with Ray Dirks Research in

k J New York.

Columbia has bought three
hig health-care providers in
stock deals recently. Last
J a s o month, it acquired Medical

19s4 Care America Inc., one of the
biggest U.S. operators of outpa-
O. NM Yort. London, and dent centers, for about $1.1 bil-
*, Chita, omhiwk. Finland, lion in stock. Eight months ago,

rwss® ®» b ? u 7 f‘!/ l CAHospiu] pn?.

smw ot maria* cappaBzation. for $7.6 billion, a year after it
had bought Galen Health Care
Inc. for $3.5 billion.

Columbia will swap 0.8$ of a
££ *£ di£p share of its stock for each

ii 3 <a tnx _n« Heal thTrust share and assume

■MZ^ 11326 -0^5 about 51.8 billion in Health-

13237 13135 -0.73 Trust debt That would value

10173 102 17 -043 Healthtrust stock at $37.62, on

~ ‘ the basis of Columbia’s $42.75
izi.w 1Z3.7T -131 share price at Tuesday’s close.

Wa free deterge. Columbia’s share fell $2

'lAfeuflyCfcfex, France. Wednesday, to $40.75. while

Healthtrust rose $2.25 to

O totsfnMonflJ HqrakJ Trftwne $34.25. <NYT, Bloomberg, AP)

S.Vr'-i," » .v.-;:,-:

Asia/Pacific

Appro*, weighting: 32%
94PJI.; 12B4PB Plw^ 127.1 1

North America

Approx. weighting: 2S%
•4PAL 9336 ftwj 9341

Approx. weighting: 37%
<MP.NL: 111*3 Prow 113*6

mm

Latin Amotion

Appic6LWE^*)g:5% ' 1

04PJIJ 144X7 Prav.1 146.09'

jjj

Worid Index

77i0 Max tacks U.S. dollar values ot stocks kt: Tokyo. Nm Yoi*. London, and
Arflentl na, Auetrolto, Austria, Btfghim, Brazil, Canada, Chita, Oeronaik. Finland,
France, Germany, Hong Kong. Italy, Mexico, NeUwtamta, Nm Zealand, Norway.
Stagapora, Spain, Sweden. Switzerland and Venezuela. For Tokyo. Now York and
London, the Index is composed cf the 20 tep issues In terms at market eapsaBxatkxi.
ottenmse the ten top stacks are tracked.

[ Industrial Sectors

Ned.

Ptet

%

Wad.

Pmc

%

ctast

data

chsnge

don

don

dung*

Energy

110.76

111.78

-021

Capital Goods

112^4

11326

-055

UtWes

126.80

12624

-1.12

Rsv Materials

13227

13135

-0.73

finance

114H1

113.67

+0 3H

Consumer Goods

101.73

102.17

-0.43

Servicn

117-34

11804

-059

UsceSanaous

121.84

12171

-151

For mom information about ttw Index, a booklet Is avaBebla freed cterga.

Write to Trib tnder, 18 i Avenue Claries tie Gautfe . 92521 Notify Ceriex, France.

Compiled to Our Staff From Dispatches

AMSTERDAM — Reed Elsevier PLC has
achieved its goal of buying the Lexis and
Nexis information services, but some analysts
said Wednesday that the British-Duich media
conglomerate bad paid loo high a price.

Reed is buying Mead Data Central for $1.5
billion, which is about 15 limes the company’s
operating income. Analysts said that $1 bil-
lion was the expected price for the unit, and it
appeared that Reed would at least curtail its
pursuit of a second American media compa-
ny, Ziff Communications Co.

in August, Reed Elsevier said it had ap-
proached both companies about possible
takeovers, part of its plan to focus on the
American business publishing industry. Ziff
Communications had been put up for sale by
the Ziff family, and Mead Corp. decided to
sell its electronic-information unit so it could
focus on forest products.

Mead Data includes the Lexis legal-infor-
mation data base, Nexis news-data base and
the Edgar on-line distribution of Securities and
Exchange Commission documents. Mead’s da-
tabases comprise nearly 500 million docu-
ments, including more than a decade of the
contents of The New York Times, plus 4,000
other news, legal and financ ial publications.

Coupled with its existing publications, the
acquisition automatically makes Reed Else-
vier one of the largest publishers of legal
information in the world.

On Wednesday, Reed said it was unlikely
to buy all of Ziff, although it was still interest-
ed in pans of the magazine publisher. “You
would be wrong to reach the conclusion that
we had no further interest in it,” said Nigel
Stapleton, chief financial officer of Elsevier
NV, which along with Reed International
PLC owns Reed Elsevier.

Earlier, Erik Ekker, the Elsevier company
secretary, said the company was “unlikely 10
proceed" with the proposed acquisition of Ziff.
“It’s a bit too much to do two of these,” he said.

But a British stock analyst said: “Ziff is a
large lump to swallow for one buyer, and the
price is probably too steep. They may have no
choice except to break it up. I think Reed
would be interested in parts of it.”

Yei while Reed Elsevier was not expected
to have trouble financing the Mead Data
purchase, its debt ratings have come under
pressure. Standard & Poor’s Corp. and
Moody's Investors Service Inc, the two lead-
ing credit-rating agency's Reed Elsevier on
review for possible downgrades.

“The takeover price was disappointing; it
was too high,” said Michael Molenaar. an
analyst at Robeco Effectenbank.

Mr. Stapleton said the deal would be fi-
nanced with $500 millio n in cash and SI
billion in borrowed funds. The acquisition
comes just before shares of Reed Elsevier are
to be listed on the New York Stock Exchange
on Thursday.

One of Mead's unique assets is the exclusive
right to much of the electronic archival content
of The New York Times. Mr. Stapleton said
discussions with the newspaper about continu-
ing that relationship would start immediately.
"Reed Elsevier has no competitive relation-
ships with The New York Times,” he said,
"and we very much hope we can continue on in
the same terms as Mead has enjoyed in past.”

An analyst at Henderson Crosthwaite Insti-
tutional Brokers said there had been talk that
some contributors to the Lexis and Nexis net-
works could withdraw their information be-
cause the system was changing hands.

MFX A T 1T, Bloomberg, Reuters I

U.S. Chip Group Losing Subsidies

By Elizabeth Corcoran

Wiu/tingitwi Post Service

WASHINGTON — The

million to technologies consid-
ered critical to the defense in-
dustry.

Most of the money may still

TIONAL MANA

no , ,L- ■ j , Ui uiv IIIUUV* may ;uu jniuiCkll » l\UJU UCtJUCU Ui

support chip research, accord- July to cut the government
Aw Sit ins 1° a senior defense official, funding and has since been fi-

® ul “there's no guarantee that nalizinl the details. The consor-
I *** fuU 590 million stays in re- tium’s 11 member companies

ssfsss-—— sssssk—- -

jSSvTar^s; jstscrtassrss :“:-i -s

“ft Dtpirlnwm. &3c3sLB

which has provided \he fund- SSS51 ^Efthe heIp lbe 8°**“*?! “ l lon 8'

ing, is likely to redirect its $90 tenn r«eareh pnonues.

- Sematech was founded in In addition, Sematech hopes

1987, when the U.S. chip indus- to be a broker between govern-
try was staggering in the face of menl funding agency and pn-
ccmpetition from Japanese vate companies. We believe we
companies. The government will continue to be the forum

Different Drummer Finds a New Beat

By Mike Zwerin

International Herald Tribune

P ARIS — Two things Larry Ro-
sen does not want to do any
more at the age of 54 are to nm a
large corporation and to play the
drums. Being “chairman emeritus” suits
him just fine.

In 1990, Mr. Rosen sold Grusin Rosen
Productions, the record company he
founded with Dave Grusin, a pianist and
arranger, to MCA Inc. for $40 million.
When Matsushita Electric Industrial Co.
purchased MCA less than a year later,
die value of the stock that they had
reluctantiv accepted in the deal had risen
to $60 imUion. Lucky coincidence?

Mr, Rosen’s five-year contract as pres-
ident expires at year-end. MCA asked
him to renew it. He flashed the wide
“winner's smil e” he wears so well and
quoted his own reply: “Thank you very
much, but you guys made me a very
wealthy man ”

He will leave to explore multimedia
publishing in the form of CD-ROM com-
pact disks. His new two-year contract
with MCA calls for him to fmd artists and
consult with the new management
Messrs. Grusin and Rosen met in the
late 1950s while playing with the New-
port Youth Band, made up of teen-agers
from the New York area hired by the
singer Andy Williams. They also played
with Henry (Tbe “Pink Panther” theme)
Mancini. By the age of 22, Mr. Rosen
was making a good living as a free-lance
musician. . . ,

After marrying in 1 966, he decided to
get off the road. He built a two-trade
studio in his home in New Jersey. His
musician friends came out often to re-
cord. and he learned to love sound engi-
neering. Not yet 30, he was landing well-
paid contracts to record jingles for radio
and TV commercials.

Mr. Rosen signed his first record deal
when he sold a demonstration record he
had produced with an unknown young

singer to RCA. Wanting to “sweeten it
up” with strings, he hired Mr. Grusin to
write the arrangements and direct the
session. They were soon putting pack-
ages together as Grusin Rosen Produc-
tions.

Dr. George Butler of Blue Note Re-
cords sent over a young guitarist named
Earl Klugh for evaluation. The new pro-
duction team decided to record him on

: ' v . -£*’ - ••

if*

s*

' k.

Larry Rosen

acoustic guitar, something that was not
PC in the early ’70s. All three Klugh
albums sold very well indeed.

Mr. Rosen literally bumped into Clive
Davis, the president of Arista Records,
getting cm an airplane (another coinci-
dence). Mr. Davis suggested they join
forces. What would become (he indepen-
dent GRP Records began by delivering
fully en gin eered and mixed master tapes
to Arista for manufacture, release, pub-
licity and distribution. The GRP logo
was on the package.

The jazz that was making them so suc-
cessful was in fact closer to instrumental
pop and commercial rock-fusion, with
top-of-the-line people such as Lee Riten-
auer, Spyro Gyra. tbe YeUowjackets and
Chick Corea. Tom Browne’s “Funkin’ for
Jamaica” sold 700,000 units, enormous
even for commercial jazz.

In 1979, they heard about an engineer
in Salt Lake City, Utah, who bad rigged a
computer to translate analog sound into
numbers: digital sound. They flew him
and his machine into New York and
immediately recognized the result as “a
giant step forward.”

The technology was ahead of its time.
Because no medium existed for digital
sound, the music had to be transferred
back to analog records at great cost to
quality. The extra process cost $7,500 an
album, a price Arista refused to continue
paying, since most of the quality was
bang lost anyway. With a policy of “this
is the future” and a new logo “The Digital
Master Company,” GRP struck out on its
own. The compact disk did not exist

In the early 1980s, Sony Corp. and
Philips NV came to the United States 10
demonstrate their new digital sound pro-
cess. There was hardly any software.
GRP produced a demonstration CD of
songs associated with Glenn Miller
called “In the Digital Mood,” which was
used, along with samplers from tbe man-
ufacturers, to demonstrate tbe improved
sound.

Because of that this-is-tbe-future poli-
cy. GRP was the only company with an
inventory of digital master tapes. Their
people sent the tapes to be manufactured
in Japan and imported the CDs.

If they ordered 3,000, they sold 8,000;
when they ordered 10,000, ’by the time
the albums came in they had sold 20.000.
Mr. Rosen smiles, as though embar-
rassed by how good it looks in retrospect.

See ROSEN, Page 16

memory chips and processors.
That funding had been trimmed
to $90 million apiece two years
ago.

In the past few years, U.S.
chip makers have staged an im-
pressive comeback in world
markets. Sematech has claimed
much of the credit But compa-
nies have also improved tbe

ficer at Sematech.

Sematech's chief executive
officer William Spencer was ex-
pected to say that the compa-
ny’s supporters in Congress had
urged it to come forward with a
new model that ended direct
federal funding and that the
company had “answered that
challenge.”

TO OUR READERS IN LUXEMBOU RG

It's never been easier to subscribe
and save. Just call toll-free:

0 800 2703

Paze 11

Germany Loses
Quota Ruling in
EU Banana Case

quality and design of their
products on their own. said in-
dustry analysts.

Sematech’s board decided in

By Tom Buerkle

International Herald Tribune

BRUSSELS — Germany lost
a legal bid Wednesday to over-
. turn the European' Union's
quotas on banana imports. But
far from resolving the bitterly
contested issue, the ruling raav
turn it into an early test case for
new global trade rules, officials
said.

The decision also raised the
possibility of a banana war be-
tween the United States and
Europe. European and Ameri-
can officials said.

Chiquita Brands Internation-
al has asked the U.S. Trade
Representative’s Office to open
an investigation into aspects of
the EU quota system.

“This is a test case.” said
Claudio Riedel Telge, ambassa-
dor to the European Union for
Guatemala, which has fought
the quotas since the Union im-
posed them in July 1993.

In its ruling, the European
Court of Justice said EU import
quotas on Latin American pro-
ducers were justified to protect
Europe’s few producers as well
as growers in more than a dozen
African and Caribbean coun-
tries that have preferential
trade relations with the Union.

Britain and France have been
the staunchest supporters of
these countries, many of which
are their former colonies.

But the ruling was a big set-
back for Germany, which is by
far Europe’s biggest consumer.

Germany, which had no pre-
vious import restraints, has
seen retail prices surge 60 per-
cent. to about 3.3U Deutsche
marks (52) a kilogram since the
quotas began.

Germany traditionally has
bought the bulk of its bananas
from more competitive Latin
American producers, the main
growers affected by the quotas.

Mr. Riedel reiterated a threat
made this year by five Latin
American countries including
Guatemala. Panama and Ecua-
dor. the world's biggest banana
grower, to attack the EU quotas
in the World Trade Organiza-
tion unless (heir access to the
EU market is expanded.

The existing trade hodv. the
General Agreement on Tariffs
and Trade, has ruled twice that
the quotas arc illegal but has no
power to enforce ’those rulingv
The WTO. which will replace
GATT next year, will be able to
enforce rulings.

While German officials va\
they 1 amid not openly fight EU
rules in j global fonim such as
the WTO, they say the threat of
such action could help Bonn
persuade its EU partners to set
more generous quotas.

U.S. officials said they hoped
the threat of trade retaliation,
either unilaterally or through
the WTO, would" persuade the
Union to overhaul its quota re-
gime.

*i’m sure if nothing is re-
solved, it will go to the WTO."
one U.S. official said.

and industry agreed to contrib- foT developing an industrywide
ute $100 million a vear to bol- consensus on future technology
ster research on tools and tech- requirements, said Frank
niques for making sophisticated Sqmr«- chief admimstrauve of-

Kazarian Tries Again
To Acquire Borden

Compiled by Our Staff From Dispatches

COLUMBUS, Ohio — Paul Kazarian, chief of Japonica
Partners & Co-, said Wednesday he was preparing a detailed
bid for a stake in Borden Inc., the beleaguered food and dairy-
giant, even though the company’s board recommended that
shareholders approve a takeover bid from Kohl berg. Kravis.
Roberts & Co.

In a letter to Borden, Mr. Kazarian offered no details, but a
spokesman said those would be contained in a proposal “in
the next few weeks ”

Barden had no official response.

On Sept. 24, Borden said it had signed an agreement to sell
itself for $2 billion to Kohlberg. Kravis, which had brushed
off last-minute overtures from Japonica Partners, which is
headed by Mr. Kazarian.

Under KKR’s offer, the stockholders would receive $14.25
of shares in RJR Nabisco Holdings Corp- f° r every Borden
share.

Previously, Mr. Kazarian said he wanted help from the
board in picking from a variety of proposals that could give
Borden shareholders $16 to $i8 a share in exchange for as
much as 90 percent of die company.

Borden has declined to help or to open its books until Mr.
Kazarian signs a confidentiality agreement and provides a
detailed proposal with evidence of financing.

“We recognize it’s incumbent upon us to develop a propos-
al,” said Mr. Kazarian's spokesman. Richard Nicolazzo.

Japonica Partners sold a description of the plan's financing
would “follow the determination of a transaction structure."

„ i Bloomberg, AP. Knighi-RUder)

CURRENCY & INTEREST RATES

Cross Rates Octs

5 f DM. FT. Lira D.F1 B.F. iF. Yen CS Peseta
ftmtftrtom ijd wo un tsn — SOP ijsi i»‘ I3*i-

B russets 11 tvs SUDS 3057S itBiS Z*32* 11SM UK SMI 3£5 juts-

Frankfurt lie K51 U9» WKB- U*» AW 1JM TJO* IMP 13BW

Loacfoa (a) 1.SS 1409 Ull 1/IBSt ZUB «49H 10293 1S7J9 1UE XUf

Madrid 1210*9 301X99 BW 31273 Old* 7UU U» HQ 046 RUB- 94.937

Mi loo IJ7M0 1WS U>I2J* 29741 W94J 49419 JJZ7.II 15784 1.U&75 12161

Eurocurrency Deposits

I JUS 31.73 1J79J 99J1 U4» 130

3jB 9J7 0.16*1 41319 SJ0B» Ull 4.131*

57 J* 1QM 77J9 713« OJK

OJ799 UJli* lJSfc 1J3I- 1X53*

07403 4JCB4- USS3 * 0.9409 1W

New York <t» lisa a li*45 S27i liKlflO 17395 31.73 IJ79S Nil 13453 130

Part* £J74 U0J 3.41*9 (LSJM* 16507 0.16*1 41319 SJOB* Ull 4.131*

Tokyo ».e 157 J3 ms iu la 57 ji xqm 77 J9 — - ns> dtm

Toronto UMt 2.13ft QS779 02564 MK>- 07799 B4H4- 10539 IJS31 • 1053*

Zurich IJ77S 2J53S1 *CB7 03439 0814 - 07483 4XCB4 * UBS3* 0.9409 Imr

9 ECU 1J4J3 07039 lJ1*» 05565 W43 11493 39,00 1J9«J 121697 1*264 15».W!

I SDR 14645 0.9235 1206 7736 239643 15318 46205 U7tl 146361 1.9971 187X33

Closings m Amsterdam. London. Netr York and Zurich. (Ivinas in other centers; Toronto
rotes ot Jpjjl

a: To Ouv one pound; b: To bur one dollar; *.- Units of 100; MG..- not Booted; not
a vaHaM*

Dollar

D-Mark

Swiss

Fninc

Sterling

French

Franc

1 month

4"*Wdl.

4X0-5

3^-4

S’Y-5**

Smooths

5V5V»

5"9-5’«

4Vk-4'li

Fb-6

5 'ir5

6 months

5*0- 5%.

5'^-Sta

4i*-43*

6 •>* "«

5 “ r5 "

l mo-

6 V.

5 ’‘ir-5

4*0-41.

7 V7 -!

6 : .-6

So tnces; heaters, Ueyvts Bonk

hates mxottcobte to Interbank de o ostts Ot SI mutton mtnkrwm lor tBvfvatcvtt.

Ollier Dollar Values

Currency Per*
Arseni, peso JW4
Austral, s 1-3571
Austr. SOUL 10465
Brazil real 0A5
Chinese man kJil3
Czech koruna 2728
Danish krone 6B5T4
Eevpt.iMMnd 1384
Fin. mnmjra 4 J 04

Currency Per t

Greek droe. 235 x 0
HenoKoaos 7-7773
Mono, forint 107.97
1 nd tan rupee 31 JJ
Indo. rupiah 117X01

Irish 6 CU.T74

UraeJt iftet aac
Kawotll dinar 82976
Malay, rloo. 2665

Currency Per*
Mex. peso 3X1
N. Zealand * 1*57

Non*, krone 64)514
Phil, peso 2555
Polish UOtY 23316.
Port, escudo 15758
RlHS.n>Ble 29QU0
Sauffi rtyal U517
Slr*». 5 1X75

Currency Perl
S. A fr. rand 35715
5. Kor. won 799.10
Swedkrana 7572
Tahran S 26.17

Thaibofil 25J»

TurkJin liro 34194.
UAe«rTwm 35777
VtaecMIt. 19280

Forward Rates

Currency
Pound Sterling
Deutsche mark
Swiss hunt

KHicnr 6Moy JOtaoy

15053 15846 1580

15452 15457 15466

15KH 12835 12852

Currency
Canadian dollar
Japanese yea

39-day itbdar 9Moy
15461 U4i2 15467
9M7 0958 «57

Sources.- ING Bank (Amsterdam!: Inaosuet Bank i Brussels); Banco Corrmerdete llollano
1 Mi tool; Agents France Presse (Ports); Bank at Tokro (Tokyo); ROM Bank at Canada
(Toronto); IMF (SDR). Other data from Reuters ondAP.

Key Money Rates

United States Close

Discount rate 4.00

Prtmeeote 7%»

Federal land* 4**

XnamitCDs 430

Comm, paper in dam 550

3-mpntti Treasury bUI 4.95

1- yeor Treasury Mil 173

2- mar Treasury note 6.70

5- vear Treasury note 7X2

7-mar Treasury note 7X5

16-year Treasury note ?J5

38-mar Treasury bond 7.94

Merrill Lynch 38day Ready asset 4.13
Japan

Discount rata IV

Can money 116

Ixnontti Intermits 2 V

3- moath Woman* 2 V

6- ntonih Interbank TH

16-mar Ooreromenl hood <67

Oermany

Lombard rale 6JW

Calf money 5 JO

l-ntonth taterbank 5.00

JxnwjJh htFerhonk 516

4- tnonBi interbank 5J0

18-year Bond 7J6

Britain

Bank Base rate 5 V ju

Can money 5 -, 51-

i-montti hmrbank 5 ■. £';

Sxncnlti Interbank 0 ., 500

4- month inrernank (Xa 9 -.

10-yeor GHT g.9? Ml

France

littervmilon role 500 jpg

Can money 5 :., 5 ,,

l-monlh Interbank 5 ■« jt.

5- moflta imerbank 5 ■ , ji.

4-month latertxmk 5 -, jtj

I 8 »ear OAT gj; 122

Sources: Reuters. Bloomberg. Alerrlli
Lynch. Bank ot Tokyo . Commerecan*.
Greennetl Montagu, Credit L rannols.

Gold

AJh. PM. Cit'ge

Zurich 392iS 3917S +025

London 392.15 3 »ito + 1*5

New York 395 x 0 3*520 —0.40

UJi dollars net ounce. LondMi official In-

inas: Zurich and Ne*r York openara ana clos-
ing arises; New rw* Came. (December.;
Source: heaters.

tCk a r

v: e

V \J

1 1.9

\% 7 f\l 1 1 /ill t

¥ V \Jr Lfl'XVi li t

British Airways

The worlds favourite airline^

4

s ag e 12

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

MARKET DIARY

Inflation Concerns
Push Dollar Down

Compiled by Our Staff From Dtspadws

NEW YORK — The dollar
slid against most other major
currencies Wednesday as a
stronger-than-expected in-
crease in U.S. factory orders
ignited a new round of inflation
worries.

Orders to American manu-
facturers surged 4.4 percent in

Foreign Exchange

August, while shipments posted
the biggest gain in IS years.

The news pushed up bond
yields and sent blue-chip share
prices tumbling.

“The dollar followed the
bond and stock market," said
David Wilson of Credit Lyon-
nais in New York.

The dollar was at 1.5430
Deutsche marks, down from
1.5457 DM on Tuesday, and

99.50 yen, down from 99.63 yen
Tuesday.

“The dollar followed the
bond and stock market" said
David Wilson of Credit Lyon-
nais in New York.

The dollar slipped to 52725
French francs from 5.2863
Tuesday and to 12780 Swiss
francs from 1.2845 francs. The

S ound W3S at $ 1.5865, up from
1.5815.

The financial markets are
awaiting U.S. unemployment
figures for September, which
could indicate whether the Fed-
eral Reserve System's policy-
makers will tighten monetary
policy.

Analysis are expecting unem-
ployment to fall from 6.1 per-
cent in August to 5.9 percent
this month, with 300,000 new
jobs created. (AFP. Reuters) ,

Via Amcfatad An

00.3

The Dow

Dally dosings of '8*6
Dow! Jones industrial average*.

A Iff t J A :S . .O*

isw.. .•

Dow Jones Averages

□pan HWl Low L 00 ClTB.

Indus 379662 3807.14 374757 3787 J* —13.79
Trans 14950 145969 1 434.40 1 6063 —1560
U!B I7BJ9 178.48 174.97 177.94 —0-77
Cornu 174144 12U45 134913 175952 —7 M

Standard A Poor's Indexes

PmK» Today

HWl LM 0944 3 JO

Industrials SStSO mS3 537.12 53S45

TrohSP. 34059 3SW5 354 AS 349.15

Utilities 151.73 149.01 14944 14343

Finance 4101 42319 42.14 41JB

SP 500 44244 45403 45469 40H

5P100 427 J1 41942 42050 42058

NYSE Indexes

Htfi lm Last dig.

Ccrnooslle 25144 24L51 25034 —1.10

fodusJrfols 31 £51 311.95 31457 —154

Tma. ma 224.10 22545 —247

Utility 20149 199 33 20047 — 1 .00

Finance 202X5 200JJ7 201,19 —154

EUROPEAN FUTURES

Metals

PrevfMH
BIO Aik

Close

SM Ask
ALUMINUM (HMl Grade)

Dalian par metric ten
Suol 142550 142550 141500 IA17JD0

Forward 16*5X0 164500 16*0-08 1641 in

COPPER CATHODES IKWl Grade]

Dollars uer metric tat

909 nr T o n n q 5*07X0 2* jWn fl

2SVX 253000 2S14JB 2S1SX0

■ metric ton

42550 62950 52500 629.00
64300 64400 64200 64250

Soot
Forward
LEAD
Dollars p
Spot

Foorord
HICKEL
Dollars per metric too

Soot 645500 64*500 630000 631000

Forward 454000 454500 640500 441000

Dollars per metric tan
Spat 538000 539000 534500 535500

Forward 546500 547000 543000 543500

ZJNC (Special High Grade)

Dollars par metric tan

soot KMaoa km 1.00 lasxo 103*50

Forward 10*300 106400 105700 105500

NASDAQ Indexes

Financial

HWl Law Close arewe
3-M0NTH STERLING CUFF6)

<580000 -ptiaMOO pU

NYSE Most Actives

MARKET: Interest Rate Jitters

Continued from Page 1
value of fixed-income securi-
ties.

The Dow Jones industrial av-
erage fell 13.47 points Wednes-
day, to 3,78734, and was down
6739 for the week. Losing is-
sues outnumbered gaining ones
by a 4-io-l ratio on the New
York Stock Exchange.

The yield on the benchmark
30-year Treasury bond jumped
to 7.94 percent From 7.88 per-

U.S. Stocks

cent Tuesday. The price fell
22/32 point, to 94 30/32.

Analysts said the slump in
the bond market was likely to
continue until investors were
convinced that the Fed was be-
ing vigilant in its fight against
inflation.

Many criticized the central
bank's previous rate increases
as being too small and too nu-
merous to have a significant
economic impact.

“We’ve seen this dance be-
fore,” said Kevin McCiintock,
who manages fixed-income in-
vestments at Aeltus Investment
Management Inc. in Hartford,

For investment
information

Read

the MONEY REPORT
every Saturday
in the IHT

Connecticut. “The Fed tightens
incrementally, and the econo-
my doesn't react."

The stocks of economically
sensitive companies, which tend
to respond quickly to interest-
rate changes on the theory that
higher rates will choke off sales,
took the brunt of the losses.

Motorola was the most ac-
tively traded stock on the Big'
Board, leading a broad drop inr|
semiconductor issues. i

Intel Advanced Micro De- :
vices and Compaq Computer:
also were among the high-tech-,
nology losers.

Among other individual is-
sues, AMR, the parent compa-
ny of American Airlines, fell
after being lowered to a “hold”*
from a “buy” by CS First Bos-
ton.

Cott. which makes private-
label beverages, fell after it was
lowered to “market performed'
from “buy” at Oppenheimer &
Co. Oppenheimer and Lehman
Brothers both lowered earnings
estimates for the company.

Rexworks fell after the U.S.
Army canceled a five-year soil-
compactor supply contract val-
ued at a maximum of $32 mil-
lion. The work was instead
awarded to Caterpillar, whose
shares also fell.

Alteon rose after the pharma-
ceutical company said it had
been granted a European pat-
ent covering its technology that
helps treat diseases associated
with diabetes and aging.

American Medical Electron-
ics. which makes products for
bone healing, fell after it said
third-quarter earnings would be
below analysts’ expectations.

(AP. Bloomberg, Reuters)

Com DOBS
Motorfos
AAierTc 1
GnAAatr
WaJMart

TeWte*

Hltntrust

Mero.

ForOMf

CrtHCA

GenEI »

SCEcp

AMD

Unisys

IBM

VaL HWl
51265 22 Vj
47B43 50V5
43320 33%
41992 *5%
38921 23 H
3*770 409*
34280 35
339S9 34V*
33364 27%
30028 42V.
28897 47%.
27478 13*4.
27039 25V.
24770 111*
3*542 49%

LOW

30%

49

31

44%

22%

SOW

33%

35%

26%

40

46%

13

24%

TO%

67%

Lost
32%
50%
33',,
*£%
23 'A
60 %
34%
36
27%
40%
47%
13%
25%
11%
69%

+ H

— r»
* 2 %
* %
♦ %
— %
+ 2 %
— %
*Vi
—2
♦ %
— %

, NASDAQ Most Actives

Dee

0X1

93.16

010

— 062

High

LO0

Chg-

92J1

WM

9225

— 0J33

Jon

9165

91X9

91X9

Carnposite

74566

738.17

745.66

— 164

5ep

91.19

91.13

91.14

— 064

75764

751.90

75764

—364

069

00

9063

— 065

Banks

75137

74A10

748.10

—6.69

Mar

9045

9060

9062

-004

Insurance

930X9

925.09

92664

—6X6

Jun

9064

*69

060

-0.8J

Finance

91868

91169

912.0

—961

Sep

068

9063

064

— OQ3

694.19

491X4

49561

— 4J38

Dec

9063

90J9

9062

Unch.

Jon

Sep

Est. VO

0X2

90JE

9069

AMEX Stock Index

061 0X6 0X8 —004

ume: 44649. Open Ini.: 491881

HWl Low Last Ore.
45X82 *49X9 451.11 —2X0

Dow Jones Bond Averages

20 Bends
is utnttfes
10 industrials

Prwrt — » Today

Close Noon

9472 9*54

91.86 9175

101.99 10134

VOL H%h

Iw

Last

Cho.

Intel

840BD 59%

57%

58*6

+ %

Cscas

68387 24*4

25%

24%

— V.

AppleC

63132 38%

33%

37%

+ 4%

CottCp

36313 11%

10%

1t«Vu

— ,Vu

Nowell

33775 l**i

1**9

14*5

+ %

AAkstt s

31807 55V.

s*%

55%

+ %

Informix

31673 27%

25%

27%

+ V/M

i\Aetnan.«

31447 1714

14%

16%

— %

Oroclos

3000* fl’.

<1%

42%

+ %

intaDv

■ .UiBI Y

17%

18*4

NC4GVPS

35

35%

—1%

3Com s

34

37

+ 1%

AST

12%

12%

H

AAO

E • ,-,E

72V,

24W»

+ *4

Woffftts

27783 19%

18%

i«y h

+ %.

AMEX Most Actives

V«.

HMl

Law

Last

ova.

Viacvrt

34*0*

1%

Vices

18083

9330

— %

XieySIts

4423

9V,

914

9%

— %

*419 459,4,

+ U u

rioavn

4508 39%

— %

Man

3854

7

4%

— %.

34*4

%

%

— V n .

-AmPr

3219

9 1%

3007

7%

7%

7%

— %

NYSE Diary

MMNTH EURODOLLARS CUFFEJ
si million - pis of 1*8 Pd

Dec

9US

095

00

Mar

040

9X59

9365

Jee

N.T.

N.T.

012

Sep

N.T.

N.T.

9261

Advcnoed

Declined

UnctiOTgod

Total issues

NewHfigns

NewLmws

Close Prev.
540 542

]7£3 1736

565 595

2848 2873

t 30
243 123

AMEX Diary

Advanced

172

191

Declined

421

Unchanged

228

20*

Total issues

003

814

New Highs

3

13

New Laws

44

28

NASDAQ Diary

Market Sales

Today

4:00

NYSE 399.60

Amex 2037

Nnsdaa 320.12

In millions.

405X7

•Mun

TWIW

Advanced
Declined
Unchanged
Toted issues
NewHWa
New Lows

1199 1090

2061 2201
1831 1795

5061 50B4

36 87

140 109

Spot Commodities

Commodity
Aluminum, lb
Copper atearatrtlc.il>

Iron fob. tan

Lead, lb
Sliver, troy az
Steel (sctopI, tan
Tin, lb
Zinc. ID

Today

Prev.

0X38

0X33

10

1.19

21360

21100

062

042

£415

560

110.17

11X17

NA

05154

0505

Est. volume: 446. Open" Ini.: 3740.
3-MONTH EUROMARKS (LIFFE)

DMi million - Ms at loo eo
Dec 9463 94 60 9461 — 0LO2

Mar 9421 9417 9*70 — 0J1

Am 9X39 9X74 9176 —003

Sep 9X41 9X35 9X38 — 0X4

Dec 9110 9X03 9106 — OX?

Mar 9279 9274 9274 —007

Jim 9X7D 9276 9277 — cut?

Sep 9155 9150 9279 — 003

Dec 9139 7132 9135 — 008

Mar 9126 9125 9122 —(L08

Jan 9115 92.12 9279 —078

SOP 9103 9100 9270 — DJM

EM. volume: 79,941. Open bit: 700714
3660 NTH PI BOR I MAT I FI
FF3 monoa - pis of we pcj
D ee 9403 9X95 9X97 —078

Mar 9355 9364 9X47 —110

Jon 93.15 9375 9377 — 0.10

Sep 9271 9173 9175 —079

Dec 9252 9145 9147 — 070

Mar 9270 9125 9126 — 0J»

Jim 9114 9105 9107 —070

Sep 91.98 9172 9174 —077

Ejt. volume: 50375. Open InL; 149565.
LONG GILT (LIFFE)

BUN - Ms A 32MS at 1M pet
DOC 99-12 98-26 9901 —848

Mar N.T. N.T. 98-13 — 0-08

Est. volume: 51450. Open inf.: 99.048.
GERMAN GOVERNMENT BUND (LIFFEJ
DM 25U08 • pts ailtO pet

DOC B8XS 8775 87.«0 —0*4

Mar 8774 07 JC 1722 — (M3

Est. volume: 124,914 Open ini.: 154602.
10-TEAR FRENCH GOV. BONDS CMATIF]

PF500AW

DOC

Pts of 100 Pd
11060 10960

10966

— n*2

Mar

1090

10XB4

10862

— 060

Jon

10864

10864

108.1B

—060

5ep

N.T.

N.T.

N.T.

Uneh.

HMi Low Last SaNte OTOe

APT 15850 15870 15B50 15850 — 050

May N.T. N.T. N.T. 15750 —OSB

Jana 13473 15*00 15470 15175 —050

July N.T. N.T. N.T. 154JS —050

Est. volume: 14653. Open Hit. 109.149

BRENT CRUDE OIL (IRE)

IM. denars per bamHeis el UN barrels
NOV 1454 1470 1476 I4J7 — OD7

Dec 1471 UJ0 1677 1677 — 0J3S

JOB 1676 1674 16.92 1454 —(US'

16.95 1676 14,99 MM +074
Mer 1479 1673 1476 1679 + 003

APT 1654 1475 1676 1654 +058

May 1672 14.92 1672 1454 +BjOB

Jon 1451 1650 1490 1674 +078

JIT 1479 1479 1472 14.94 +776

Aua N.T, N.T. _ ■”

ss

N.T. 1676 +006
N.T. N.T. N.T. 14.94 +076
N.T. N.T. N.T. 1474 +076
Est. volume: 38607 . Open InL 154744

Stock Indexes

FTSE

asm

Dec!

ramcupK)

■er Mac pom

Law Close Cftmge

2994.0 29557 29747 -457
30145 2999 JJ 29987 — <55
Est. voiuma: 17510. Open Int.: 55,967.

CAC 48 (MAT IP)

FF3W par Index point

Oct 184850 183670 184150 -4550

Nay 187050 185050 18*950 -4550

Dec 1BHL50 15S7X0 I8585D -45X0

Mar 190*50 188650 188*50 -4550

JOB N.T. N.T. 187050 -4550

Estvetume: 2S044. Open In*.: 4*120
Sources: Motif. AssoclatoO Press.
London Inn Financial Futuna Exchange,
Inn Petroleum Exchange.

U.S. /AT THE CLOSE

Dividends

Company

Per Amt Pay Roc

IRREGULAR

Est. volume: 158546. Open Int.: 139765.

Industrials

High low Lost Sente Ch-ge
GASOIL (IPE)

UX. dollars per metric toa-lats of 180 tens
Oct 15150 15250 1527S 15X7S —675

Nov 15650 15450 15550 T5550 —150

Dee 15850 15750 1S7X5 15775 — ITS

Jem 15975 15850 15950 15956 —150

M 14050 15950 15975 160.00 —150

Mar 14029 15975 16G00 14050 — 075

EngCiilnaOav c 7159

Pltolm Prime Rt _ 5625

RTZCoPLCAOR C 5948

Stien Transp ADR c 1712

oamprax omtpcr ADR.

REGULAR

AmerCap IncTr M 5537

Cmmmmti SvgBk _ .10

Hatiarai IncSecs m .115

Jocxpot Enters* O .08

Lance Inc O X*

Lilly indsA 0 57

Mark Twain Bahs Q 54

Merry Ld inv o JS

NewAmer HiincFd M 5*5

NewYork TxExinc M 553

Oxford Inds O .18

Patriot PrmDtvl M 5647

Rite AJd g .15

Templeton Glblne M 55

VanKamM CAOtty M 5875

VcnKomM FUMUP M 5654

VanKamM FLQttv M 5875

VanKamM IntHllne M 5785

VanKamM 1 nvGflCA M 577

VanKamM InvGdFL M 578

VanKamM invGdNJ M 577

VanKamM

invGdNV M 585

VanKamM invGdPA M 583

VanKamM LfdHllnc M .10

VanKamM MA-

VoTTr M 569

VanKamM ManOp-
Pll M 575

VanKamM MunOpp M 545

VanKamM MunTr M 593

VanKamM

NJVatMn M 545

VonltamM NY Qtty M 5875

VanKamM NY-

VaJMn M 5 45

VanKamM OH-

VoIMn M 564

VanKamM OHGttv M 582

VanKamM PA-

ValMn M 5485

VanKamM PAQKv M 591

VanKamM SelSectM M 549

VanKamM StratSact M 5782

VOnkamM TrmsMn M 5875

VanKamM TrlnvGd M 595

VOnKamM ValMun M 576

WOad Bcp O 57S

10-13

10-11

10-13

10-13

10-14

10- 7
10 - 1 *
10 - 1 *

11 - 1
12-12
10-21
12-15
10-17

10- 17

11- 14
ID-19
10-17
10-17
10-14
10-14
10-14
10-14
10-1*
10-14
10-14

10-14

10-14

10-14

12-16

10- 19
1222

11- 16

1031

10-21

10- 31
10-28

11- 15
1-3

11-14

1200

1001

11-1

12-3

11-2

10-24

tool

10G1

10-JT

KW1

10-31

ion

HMI

10-31

10-31

1031

1031

10-14 1031

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-14

10-18

1031

1031

1031

1031

1031

1031

1031

1031

10-31

1031

1031

1031

1031

1031

10-28

a-amoal; o payabls in ensdan

monthly; g quar t ern; t rami ennual

American Express to Cut 6,000 Jobs

NEW YORK (AP) — American Express Co* will diminatei
6 , 000 jobs over the 18 to 24 months to unprove profitabiktyr

‘^ASSToO^of tiwwtbacks will come at
Phoenix, Arizona, and related offices m Ja^vdk a^ htoh _
t aVr* Florida, the company said. Another 2,000 jobs will be wg 1 0
throughout the financial services conglomerate, famous for its;
green, gold and platinum charge cards. . _ . ^

The cutbadrs are not expected to affect American Express^
earnings, thecompany said. American Express would notestunaid;
its savings from the downs w i n g effort, .

Citicorp Adds Stocks Trading to ATM •

NEW YORK (AP) — Gtibank has added a service to its l,80Qr
tyiirr machines that lets affluent customers buy or sell stocks ana
dieck their investments, the bank said Wednesday. • .

Customers of Qtioorp Investment Services, a subsidiary that?
offers brokerage services and sells mutual funds, and customers;
with at least $100,000 in the bank can initiate buy and sell orders^
that are later executed by Citicorp brokers. .

The service is currently available at 1,200 CitibankATMs rnr
New York, and at machines in Chicago and Miami. ATMs in San,
Francisco and Washington will get the service by the end of the

m Thebiggest U.S. bank, CStibank is the first to put stock services^

. on automatic teller machines, said Maria Rullo, a spokeswoman*

The move is part of Citibank’s program to allow customers to do?

any h anking t ransac tion c] ectToni cally , either by telephone, per-:

sonal computer or cash machine. j

Apple Shares Gain on Takeover Talk ;

NEW YORK (Bloomberg) — Apple Computer Inc. shares rose?
•amid speculation the company may be the subject of a takeover or-' ^
substantial investment by Motorcda Inc., traders and analysts said'
Wednesday.

Apple spokeswoman Betty Taylor and Motorola spoke sm a n
George G nmsr ud declined to comment on the speculation. '1
Apple shares closed $4. 125 higher, at $37,875, but Motorola
slipped to $50,125. _ t

The takeover talk comes in the wake of Motorola's. plans toi
build a low-cost line of desktop computer systems to boost sales ofi
its PowerPC microprocessor. Motorola, based in Schaumburg^
Illinois, developed the PowerPC with Apple and International 1
Business Machine s Corp. to better compete with Intel Corp. *

A WEEK IN THE LIFE OF THE TRIB

Monday Thursdau

MONDfif SPORTS WAUH/SC0KE

Tutsfau Friday

STYLE LEISURE

WafiitStiiw Saturdau-Sunday

STAGE ART/

ENimAINMENT THE MONEY RBK3RT

.Plus daily.

POtfflCS AND ECONOMICS
BUSITCSS AND HNANCX

FOOD AND EASHK3N
FILM Ah® THEATB?

OPNON AND COMMENTARY BOOKS AND TRAVH.

THE NEW YORK TIMES
CROSSWORD

A UVHY ARRAY OF COMICS

PUUTZS PRIZE WINMN6
FEATURE COLUMNISTS

THE ARTS AND 5CENCE BRIDGE AND CHESS

Don't miss out Make sure you get your copy of the IHT every day.

r ■'“> „ • -r. .. -URTUy^.V*'

Liquidity Woes Hit Carolco

LOS ANG ELES (Bloomberg) — Carolco Pictures Inc. said
Wednesday it was experiencing “severe liquidity problems” from
funding the preproduction expenses of the motion pictures
“Showgirls” and “Cutthroat Island” from its current cash bal-
ances.

■ The film production company said production loans for the twa
movies, which were slated to begin filming this month, will not be
available until later in the fourth quarter. The company blamed-
the delay in the loans on casting and production problems.

Carolco said it was in raltoi to transfer its rights to “Showgirls”;
to Metro-Gddwyn-Mayer Imx, which is 98.5 percent owned by
Credit Lyonnais, the French state-owned bank. ;

The company said it reached a series of tentative agreements'
with Pioneer LDCA Inc., RCS Video International Services BV;
and Le Studio Canal Plus, which should provide the company,
with additional funds of about $20 million and allow it complete,
.production of “Cutthroat Island.”

Goldman Sachs to Cut Work Force

NEW YORK (AP) — Goldman, Sadis & Gx, the biggest
privately held U.S. investment bank, is considering cutting as
much as 10 percent of its workforce over the next sevoal weeks, a!
source close to the company said.

The cuts, ranging from 400 to 900 employees, are expected to
hit traders and support staff in the firm’s fixed-income depart-
ment the hardest Like other Wall Street firms, Goldman has
suffered from sharply lower trading and underwriting profits as a
result of this year's bond market plunge. . ’ . ' ' '• ’ t

Last year, Goldman^^ortedfy earned $2J billion, up 75
pocent from 1992, malang it the most profitable firm ;on r Walf
Street. But profits., this year plummeted more than 70 percent in
the nine months eif&ed in August, largely -as a result of trading
losses, according to published reports. Goldman does not disclose
its profits.

-■ ,1

a

WORLD STOCK MARKETS

Ao»

i Franc* I

OoaProv.

Amsterdam

ABN Amro Hid 55.10 5450
ACF Holding 3750 37 JO
A agon 9a wjg

Ahold *7 JO 48

AkZP Nodal 197 JO 20X10
AMEV 66.90 6850

Bols-Wessanen 3X80 33J0
CSM 64B0 6550

DSM 13960 1*190

ElMuier 1610 146.90

Fofckar 7460 15

Gist-Brocades 43 4X60
HBG 27450 272

Heinaken 23X50 21550

Hoogovans 7X50 75.10
Hunter Douokis 75.10 7450
IHC Cotand 37.98 39.70
inter Mueller «* 9X80
Inn Nederland 73J0 75

KLM 4560 44 JO

KNP BT 49 JO 50

KPN 51.90 52 M

Nedllmrd 5*J0 S4J0

OceGrlnten 7X80 7*J0
Pakhoed 4*50 +1+0

Philips 5X10 5X90

Polygram 7X10 7X70

RaMco 11250 IT3J0

Ro cameo 50.70 51 JO

Rollnco 116 116JO

Boren lo 8X10 8X40

Royal Dutch IBS 18850
SnrK 41 4150

UnHvwar 194J0 198.10

VonOmmeren 45.10 *S*0
VNU 17860 1S4J0

Wolters/Klimer 11750 12X40

ISJE»4JS ,J

Brussels

AG Fin 2380 2480

Atmanif 7500 7510

ArbOd 4910 4935

Barca 2*oo tjm

HBL 4015 4015

Bffcpen 21950 23000

CBR 11975 12100

lMB 2320 2400

CNP 1920 1«20

Cockerlll 195 200

ColMoa 5260 53*

Colruyt 7070 7150

Delhaira 1202 12**

E I eel ra&o J 5300 5300

ElOCTraflna 2886 2880

GIB 1X0 1114

C-BL 1730 3990

Gaveen B«*0 int

Glover Del *100 *210

immooel 2360 2900

Kredlottra* 4000 4 100

Masona i*« 1420

Prttroflna 9*m 9730

Powarfln 2700 aio

Radical 478 490

Royale Beige 4345 *400

Sac Gen Banaue 7550 7700

Sue Gen Bats la ue 2100 2135

sotlna ' 12830 13125

Sotvar 14325 14*00

Tessendaria 9850 10250

Traaeeai 9*00 9Sfo

UCB 23100 2*050

union M inters 2445 2700

Wagons Llts NA 4400

Frankfurt

14114X50
1 SEL 281 285

: Hold 2210 2245

1 "^8

730 775

295J0299J0
33760344.7^
YPalXMlIl » W

l ®* 747^ 7«

grzbpnlc

229.70 234

733 739

4S4JO 465

Mfc S3S 221

lie Bank 467A0 671

HUM'

r Bara

er Book

pentv

pHoesch

484 4W
38038550
300 300

I921WJ0
31 D 511
546 549
930 934

3WLM »

" 21121X50

■w

595 596

491 490

11U012L98

irWeri‘*i2LS n*

« 38^^

—

2770 2800
630 430

«M0 43*

225 223

Ruocfc

ClaeaFrav.

RWE 43444150,

RMnmetaii 275 280

Sdwlng 928 946

Siemens 4ia50426.»

Tlivsson 27SJ0 27S

Varta 3006030X50

Veba 4985051150

V6W 340 338.

view 670 479

Volkswagen 427.5042X50

Wello 980 1002

DAX Index : 19*872

Previous : 75*

Helsinki

Amer-YWvma

105

106

Enso-Gutzell

4560 45X0

Huhtamaki

144

144

KjOP.

10.10

10

Kymmenc

134

134

AAetra

141

144

Nokia

555

544

Pohiola

48

67

Rgpaia

103

10*

Stockmann

2*7

2*7

Hong Kong

Bk East Asia 3260 3250
CattwyPoclHc 1X10 1X2S
Cheung Kong 36.*0 37.10
anno Light Pwr 39 JO 39.70
Dairy Farm inti 1035 1060
Hang Lung Dev 1335 74.10
Hang Seng Bank 5X50 54

Henderson Land 46J0 4870
HK Air Eng. 3460 3560
HK China Gas 1475 1435
HK Electric 2X80 2460
HK Land 1X90 19jo

HK Really Trust 19J0 1930
H5BC Holdings 85 84.25
HK Shang Htls 1160 1165
HK Telecomm 1535 1535
HK Ferry 1135 1170

HulCh wnamooa 3580 3440
Hysan Dev 20.15 21X5

Jar dine Math. 63 6L75
Jardlne sir Hid 2970 J0.90
Kowloon Motor 15 1570
Mandarin Orient 1065 1070
Miramar Hotel iojo 19.90
NOW World Dev 26 36.70
5HK Props 5575 5475
Slelu* 1M 120

Swire Poc A S975 6075
Tol Cheung Pros 1060 1055

TVE *JW

Wharf Hold 3060 3170
Wieelock Ca 1675 14.95
Wing On Co mil 1130 1135
Wlnsorlnd. 1065 10.40

flnsrrMW” ,Uk

Johannesburg

AECt 2730 2730

Alteen 121 100

Anglo Amer 23630 2*0

Barlows JO 30 31

Blwoor U 1175

ButfelS 54 55

DeQwrs 10110275

Drlefonlrin 17 48.25

Cmcor 1*75 1435

GFSA 12! 134

Hormonv *0 42

Hiphveld Steel 31 30

Ktool 71 7130

NcdlwnK Gre 38 2975

Ran dlonteln 5X30 55

RUKJJot 115 118

5A Brews 8150 CS

5t Helena KJL *«cn

Start 35J0 36

Western Dees 215 222

ftSBRM “

Close Prev.

Enterprise Oil

363

369

Eurotunnel

260

2 Ah

F Isons

167

1.18

Forte

226

|GEC

■^11

264

Genl Acc

5J2

5X8

Glaxo

£62

Grand Mel

464

GRE

1X8

467

GUS

SJO

Hanson

225

2X2

HHisdown

10

1.72

HSBC HWB3

£0

76*

ICI

768

(Lid

403

4.15

Kingfisher

Lodbrake

460

162

661

IX*

466

£10

465

£9/

169

1.49

Legal Gen Grp

4X8

4X9

Lloyds Bonk

562

565

Marks Sp

363

35*

MEPC

426

4X3

Natl Power

*69

461

NafWest

4X3

4JS

NthWst Water

5.18

5.19

56S

£9/

P 8.0

5.95

665

Pllklnoton

165

167

PowerGcn

528

523

Prudential

254

197

RrxikOra

L0

467

Reckltl Cal

527

£30

4X9

4JU

Reed inti

760

767

Reuiers

463

464

RMC Group

9.11

923

Rolls Rovce

1X1

1X7

Rolhmn (unit!

3.95

199

Royal Scat

4

46*

RTZ

864

880

Safosbury

462

4JT7

*60

461

Scat Power

326

3X7

Sotos

162

162

Severn Trent

5.14

5X9

Shell

£95

763

Siebe

S6S

525

Smith Nephew

1X8

160

420

428

428

4X5

Sun Alliance

369

118

Tote & Lyle

4.18

2X3

2X5

961

Tomkins

2.18

2X1

2.16

2.16

Unilever

11.13

11X6

Utd Biscuits

163

104

War Loan 31%

48.79

40X1

Whitbread

£22

527

Williams Hdas

3X3

3X5

Willis Corroon

163

167

Essub

London

Abaev Neri xo* 337

Allied Lyons 339 535

Aflo WToglra 262 Ui

Arovll Group 268 X70

Ass Brit Foods 562 5J»

BAA 465 475

BAe _ 4J8 *37

Bonk Scotland 137 207

Baretavs 532 S64

Bass 115 5.18

BAT 4.17 -L25

BET I 1JJ2

Blue Circle XS2 IBS

BOC Group 678 6.92

Boots M2 117

Bowafer 469

BP 462 4JJ5

Blit Airways 3-5* X56

Brit GaS 239 197

Brit steel 1-4* ia*

Brit Telecom

BTR J2 I vm

CaMaWlro IB

Cadhurv Sdi *M

Carudwi U* 268

coats Vive I to 2B MI

Comm Union 4.99

CourtauldS 427 05

ECC Group 3A2 X«

Madrid

8BV 30«0 3130

Bco Central H>SP. 3865 3925

Banco Santander 4705 4835

Banes*, 804 797

CEPSA J070 3145

Dmoodos 1900 19*5

Endesa SrOO 5350

Ercrw 153 140

iDerdrolo 802 817

RePMl 3875 395C

To bocal era 313S 3M5

Teurtonlca 1490 1730

St^E*rt^nd„:l«78

Milan

Altemm 15740 14100

AaMloIfo 13100 13805

Autostrode orlv 1720 1780
Bco Agriculture 2515 2570
BcoCommer irol 3635 3720
Bco Nax Lavoro 12*10 1Z700
Bco Pop Novara 7780 8150
Bams dl Roma 1595 1440
Bco Ambrasiano 4025 4125
BCO Napoli risp 1190 1190
Benetton 19300 20*00

Credlto Itatlana 1950 2010
EnJenemAua 2990 3000
Fentfl 1481 1570

Ftatspa 4350 6495

Flixmi ADTrtnd 9900 10400
Phunoccailca 1280 1335
Sanatoria soa 108*0 11100
Generali Asslc 38350 39000
1FIL 5575 5375

Halcementl 10750 11130

1 tol gos SJ70 5220

Mediobanca 13190 13530

Montedison 1 ZJU 1327

Olivetti 1940 2010

Pirelli SPO 2300 2J7S

RA5 21300 22000

Riaascente 8595 8975
5dn Paolo Torino 8935 9W5
SIP «20 43f8

3ME 3840 3840

Snlabpd 2095 2190

Stand? 34750 34850

5 let 4505 4720

Toro Auk 25090 25400
MIS Telematics: 10472
provisos : ran

Close Prav.

Montreal

Atco Ltd I 13% 13%

Bank Montreal 23% 23%
BCE Mobile Com 38Kt 30%
Cdn Tire A 11% 11%
Cdn Util A 23% 23%

Cascades 8% 8L,

Crovmx Inc 17 17%

CT Fln'l Svc 17% 17%
Got Metro 12% 12%

Gt West Ufoco 20% 20%
Han InrT Ban 13% 13%
Hudson's Bay Co 27% 28%

, Imasco Ltd 37 37%

! Investors Grp Inc 16 16%
iLoftott I John) 21% 21%
LohlawCos 21% 22%
MolsanA 20% 20%
Natl Bk Canada 9% 9%
Ostwwa A If ig|

Pancdn Petrolm *2% 43

Power Corp 19% 19%
Power Flni 27% 28%
QuebecorB 17% 17%
Rooers Comm B 19% 19%
Roval Bk Gda 28 27%
Sears Conodo Inc 7% 8%
Shell Cdo a 44% 45

Soul ham Inc 14 16

S telco A 6% SM

Trllpn Flnl A XA0 X70
Lndastrtabj^dex: 1 89675

Close Prev.

3 (me Singapore L20 ’171 2

Sks Aerospace 263 263~

Sing Airlines fom 15 1490

Sing Bus Svc 9 J0 995

Slno Lend 9JJ5 9.10

3 mo Petim X53 X5*

Sing Press font 2170 24

Sing ShlPbMg X64 266

Sing Telecomm 3JX X34

Straits Steam 560 560

Straits Trodmo 364 x*x

Tat Lee Bank 466 *60

Utd Industrial 169 169

UraO'sea Bk tarn 14.10 16

utaosenum 274 279

237X54

Previous:

Parte

Accor 593 612

Air Llauide 71* 717

AKntel Alsthom 46160 481.10
Akd 235 237.90

Bajcalre (Cfel «X90 498.10
B1C 631 446

BNP MIJO 2*860

Bauvaues 587 574

Dtmone 677 721

Corretour 2078 209*

C.CF. 206 21160

Corus 10190 10*50

OwrMurs 1313 1330

CJmenls Franc 270 298

Club Med *29 442X0

Elt-Aaultalna 34X70 377X0
Euro Disney 750 760

Gen. Eoux <7X90 47X90
Novas 418 418

I metal 544 550

Lafarge Cap Pee 372.10 *10
Legrond 4400 6850

Lyon. Eaux 475 48S.90

OreaML'l 10*8 1080

L.VJUL 821 8Z7

AAotra-Hachette 10* 10SJ0
MiOWIln B 217.10 22*

Moulinex 117 JO 119

Paribas 317JO 327.10

Pecftfoev Intt 1*460 145

Pvmod-Rlcard 291 794X0
Peugeot 773 7m

PtnouK Prlnl B95 906

RadkJteehnJaue 517 519

RhJWJlenCA 11960 12X5D

Rott. 5t. Loots 1475 1487
Sanofl 231X23860

Sc Ini Gcboin 618 62b

S.E.B. , 520 528

Ste Generale 505 535

Suez 2*0 250

Thocnson-CSF 139.90 14SJ8

Total 307 31360

UJLP. 130X0 13X30

Valeo 2645027X18

CAC-46 Index : 1821/2
Prtviogs : 1874.12

Sao Paulo

Oct. 4

1862 1X50
WO 960
_ 860 860
26X03 240

8*60 90

360 347

304 2M

349 345

12J0 12

1X14199
7300 7408
,51.15 SX2D
45061 MS
1J9 160
17517759
173 175

Btmco da Brasil

Benespa

Brgdesco

Brahma

Cemtg

Ele lrobr as

llOutanco

Llont

Panmasanema
Petrabras
Sotaa Cna
Teiebras
Teiesz>

UsimunB
Vole Rig Dace
Vo rip

Singapore

Asia Poc Brew I860
Ceretos XI 0

City Deveioamnt 8JS
Crete B Carriage 1X40
DBS 11

DBS Land 454

FE Levlnsslon 7
Fraser 1 Heave 18
GI Eastn Ufa 2760
Hong Leona Fin 466
IndKoae , 565

Jurong Shipyard 1X90
Kay Hian J Court 151
Keppel 1X80

NolstMl X2S

Neptune Orient xia
OCBC foretgn 15
O MdSUnfon Bk 7.10
ersm Union Enl us
Sembowono 1160

M60

8.15-

X1S

1X20

II

450

7

IB

2760

*60

.565

1460

155

1X70

3J0

221

1460

7

140

1160

Stockholm

AGA 47 47-

Ana AF 51* 525

Astra AF 17660 177 1

Atlas Copco 9C 7260

Elect ratux B 350 357

Ericsson 39160 399

EsseltrtA 9060 93

HandetstxxiLBF 8560 88

Investor 8F 14917260

Norstt Hydro 247 253

Pharmacia AF 13050 133

Sandvtk B 10660 1B96C

SCA-A 11811660

S-E Banken AF 4460 4560

SJcondta F 1236012760

Stamska BF _

SKFBF
Slora AF
Trelleborg BF
Volvo BF

Shimazu
Shlnefsu Chem
Sony

5«nttamoBk
Sumtforao Chem
Sum I Marine
Sum Homo Metal
Talsrt Corp
Takedo Own
TDK
Trtltn

Tokyo Marine
Tokyo Elec Pw
TatXJan Print Mo
Torny Ind.
Toshiba
Toyota

Yomalchl Sec
O : x 100.

Close Prev.

720 714-
2040 20X
5770 5800
1900 1670
546 555

898 89*
339 338

444 452

121 D 1170
4290 4*10
554 550
1140 1140
2920 2930
1450 1*40
774 77S

733 735

2070 2040
744 744

U.S. FUTURES

Vie

Oer.3

Season Season
Kgh Low

Open High Law dose Cho OnJnr

Toronto

Provtoas : 17B0J*

139601*460
1366012860
CZ1 4Z7
98 9960
. 134 134

: 1749.17

Sydney

Amcor

ANZ 185 368

BHP 1964 19.

Bara I 3J28 Uc

Bougainville lqs ijq

CrtcsMytr 354 463

Comal cn 465 1X5

CRA 18*4 IBM

CSR 435 463

Fosters Brew 1.15 1.14

Goodman FleW 1X6 1X5

ICI Australia 10X4 1064

Magellan 162 162

MJM 248 248

NW AMI Bank 10.18 1QJ2

News Corp 8.10 00B

Nine Network 4 406

N Broken Hill 363 3J5

Poc Dunlop 401 *62

Pioneer inti 3J2 X33

Nmntfy Pose Won 266 262

QCT Resources 160 U9

Santos 190 365

TNT n*2 260

Western Mining 762 7X3

Westoac Banking *J37 4.10

Woedslde *j? 453

AUOrttal^tonTWI

Tokyo

Akst Electr 420 424
Asctil Chemkal 782 779

Asrtll Gloss 1230 1210

Bonk of Tokyo 1540 1520
BriapesteM 1510 ism
C onan 1740 its),

Casio 1270 1270

Dai Nippon Print 1840 1800
Dal wo House 1*10 1300
Dalna Securities 1*10 1*00
Fanue 4510 4510

Full Bank 2170 2120

Full Photo 2210 2240
Fulltsu 10W KW)

Hitachi 948 971

Hitachi Cable 8S9 848
Honda 1740 1420

ItoYokOdO 5270 5370

Itochu 729 711

Japan Amines 741 744

(CcHma 942 WO

Kansal Power 2500 2*70
Kawasaki Steel 443 439
Kirin Brewery 1150 T1S9
Kgnwtsv 922 9M

Kubota 733 725

Kyocera 7120 7040

Matsu Elec Inds 1580 1570
Matsu Elec Wks 1070 hot
M itsubishi Bk 2510 2440
Mitsubishi Kart 547 547
Mitsubishi Elec 70S 701
Mitsubishi Hev 780 770
Mitsubishi Caro 12*0 1230
Mitsui and Co 044 B50
Mitsui Marine 744 75*

MltSutUHhl 931 920

Mitfuml 1280 1310

NEC 1220 1190

NGK Insulators 1030 1020
N kko securities 1099 W90
N anon Kaaaku 924 903

NpponOII 498 488

N noon start 385 38*

Nippon Yusen 439 435
Nissan 80B 810

Nomura Sec 1990 1980
NTT B770a 8420a

Olympus Ootlcoi 1040 10W

Pioneer 2580 2540

Rienli 911 903

Sanyo Elec 575 549

Sham 1770 1740

Abttlbl Price 19% 19%
Air Canada 7Vi TV,

Alberta Energy 19% 20

Alcan Aluminum 34% 35%
Amer Barrie* 33% 34U-
Avenor 26% 24%

Bk Nova Scotia 24 24

BCE 47% 47%

BC Telecam m 25% 25%
Bombardiers 21% 22

Brtxnalea 3JB 4

Prascon A 10% 19%

Comeco 24% 27

CIBC 30% 30%

Cdn Natural Res 18% W%
Cdn Occld Pet 30% 30%
Cdn PocHIc 21% 21%
Cascades Paper 5% 4%

Comlnco 24 24

Consumers Gas >4% 14%
Datasco 22% 22%

Daman Ind B 13 12%
Du Pant Cda A 19% 19

Echo Bov Mines 18 18

Empire Ca A 13% 14

Falconbrkfoe 20% 21

Fletcher Chair A 18% 18%
Franco Nevada 82% 63

Guardian Cap A 8% 8%

Hernia Gold 15 15

Horsham 20% 20%

Imperial 011 44% 44

| pop 38% 38%

PL Energy 28% 28%

Lac Minerals 14% 16%
La! [flew A IBUi TOW

Laldlovt 8 10% 10%

LoewenGroup »% 31%
London Insur Go 22% 23

Mocmlll Btoedel 18% 15%
Magna inti A 47% 48

Maple Leaf Fds 10% 10%

Moore. 25 24%

Newbridge Netw 42% 42%,
Norondalnc 25% 25%
Norando Forest 11% 12

Npreen Energy 17% 18

Nttiem Tdeom 45% 45%
Nava 14 14%

Qnsx 13% 13%

Pe+ro Canada 11% n%
Placer Dome 31% 32%
Potash coro sask s*+ 53

Prav too 5% 5%

PWA 064 D6B

Quebecor Print 15 14%
Renaissance Eny 28 Vi 27%
RtoAtoam 24% 2SV-

SeaerwnCe 39% *o%
Stone Consotd ie% 1B%
Talisman Env 29% 29

Tetogtobe 17% 17%

Telia 14% 16%

Thomeon 15% 15%

Toruom Bank 3% 20

TnmsoJto 14% 14%

Trar»Cda Ptde 17% 17%
UWDomWon 25% 24%
UM Westt urne MW ink

SSS oa,eny SS

Xerox Canada B 46% 47

Zurich

Adla Inti B 200 203

Ateutase B new 661 670

BBC Boro BOV 8 1062 10B8
CTaGrtgyB 718 730
CS Holdings B 584 517

339 342

P^herB 1505 1505

Interdtscount B >955 1975
JelmoU B 890 880

UndlsGyrR 755 770
MgwnptckB 390 390

R 1148 1146

OrtDk. Buehrie R13060 13160
PoroesoHIdB l<90 1490
ftodie Hds PC 5620 STM
Sctra ReoubSc 100 99X3
SanduB 463 <B5

Surveillance B 1910 1960
5wfas BnkCorpB 366 370

Swfes Refnsur R 665 671
?»tewirR 830 BO

UBS B 1181 1191

Winterthur B 629 640
Zurich Ass B 1150 1170

Grains

WHEAT (COOT) ugghituumm-Mmarbumi
LI IP* 3-09 DOC 9* AM 4.l3*i 406 407 >*_ OfllVt *8629

419 X27 Mar 95 417% 422 41*% 4t*\4-a0T 206*9

i*f<* 116^*10x95 19*% 197 189'4 191V5— 0JM 2682

1*3% Xll Jul95 158 369'A 365 15T/.-06IVi 6,199

1*5 1511: S«P 95 141 h 162 160 lAffA-ODim 14*

175 155 Dec *4 3 70 171% 168 368 -06214 *J

15*% 161 JK«6 1*6 y.

Est. arte 26600 rue's, sales 1X362
Tue’smnlm 7S693 UP 1067
WHEAT (KBOT) VUXbu'nMmom-eoanrtperbuiMi
417 1175, Dec 9* 41 3 W 4t9 409% 412 —061 2X365

420 3X5 Mar 95 417V, 422% 413Vj *.169,-0015* 11675

463 17IWMavV5 197 400 191 194»-OOJ% 1X62

36811 X16WJul95 1*2 r, 145 159 361 'u-OJE'a 2^1

3X7 129 Sec 95 363 363 1*3 163 -0JM 73

165 160^ Dec 95 368 — 0JE1 3

Ett.saJes NA. Tue's.srtes 5X03
Tu+5apenlnt 41,048 Off MS
CORN (CBOT) SdOOtjumrtmwn- Oskars MreuM
7-77 XI* Dec** XlsV, Ilf’S Xlty? 117% *00056 134706

123% Mar 95 3X59, 2X8% 2X49, 127% tOOOW 49.153
231%May«S 2J*L> IM’i 3J4W ZJSV, +000'A 1967*
2J6V4JU 95 139% 261% U>'/> 261 *-000% 306*9

139 Sep 95 14* 145% 14* 765% *001% 1.4*5

2J5ViDec9S 769 150% 260% 269% *000% 7,849

150%Marto 26*% 15*<A 1SH* 156% rOOOVi 50
155% 60 9* 1*1% 269% 147% 162% ,060% 87

Est. sabs 32000 Tue’s. sales 27.946

rue's open on 731CT5 up isos
SOYBEANS (CBOT) moumranun-artwaee'Cutfiel
767% JJ3 Nov *4 5J5 138% SJ* 5J* 1 *. — 101% 7X610

7.04 X44 JCT95 1*5% 5.67% 565 5.45% — 001% 2364*

iS* Mar 95 5X6 1W1 5J5 5X5% -OO I TXWS

563% May 95 565 1*4% 563% 56* — 001% 7057

569% Jill 95 5X1% 5X6 5X1 172 -000% 11397

5X2% Auc 95 SXS £78% 5X4V, SJ«i_(U7I 389
£76 Sep 95 561% 561% 579 £79 *001 225

£78% Nov 95 567% £91 £87% 568% ♦060% 4,923

462 Jul?4 463 10

Efl.srtes 33,000 Tub’s. SOWS 31077
Tue’japen Ini 139647 UP 61*

SOYBEAN MEAL (CBOT1 inm-aAnMBn
207 JO 160600 0 9* 141X0 1*200 16060 16100 —060 4982

16160 06C 94 16260 15*00 15160 162X0 -000*4988

KJ-lOjani; 15*J0 165J0 1MX0 1*460 — QJQ 1*037

16451 Mar 95 167 JO 168JD 167X0 167X0 -060 12X23

169 JO May 95 17UJ0 171.40 169J0 169.90 -060 6692

172J8 Jul95 17150 174J0 17130 173X0 -OJO £260

173J0AUO95 175X0 175X0 17SOO 17560 *030 *57

l,-SJ»Sep»5 174-50 177 JO 176-50 17L70 —020 6M

176X0 Oct 95 17900 17*60 17*. 00 17960 *170 »

176J0D&:*S 18060 341

EsLsrtes NA Tue*L sales 1*617
rue’s open inf 90,142 off 437

SOYBEAN CUT. (CBOT) lueh-apn

262%

265

265%

270%

2*3

2557*

2 * 2 %

765

765%

764%

£12

£15

6J0Vi

£21

70960
207JO
207 JO
20760
2D600
18240
1S27Q
181*0
18260

296*

22.10009*

2125

2460

34X1

2460

*0.15

S67

27 60 Dec 9*

2362

ruu

23JS

23A2

<0.10

DAS Jun 95

2363

78 JO

22.93 Mto 95

23X4

2145

2123

2138

+064

2£QS

22.93 May 95

+£02

2765

22.95 Jul 95

368

2123

236*

2110

+065

2720

22.95 Aug 95

23.10

2120

2110

2114

+869

23.10

2160

22630095

2367

2365

2260 Dec 95

018

2130

2110

010

*(LQ5

ESLSrtCS 23600 Tue'vvEe, 30631
Toe’S open Int 84.969 UP 1652

Livestock

CATTLE (CMER) *looo m- emn seres
7*10 65X0 Oct 94 6860 4340 67J5 *7X0

74J0 *7 20 Dee 9* 4960 49.05 4&J0 48.99

74X5 £7_20FcO45 47.97 t*10 £762 67J2

7 5.10 68J0APTW 68X2 68.95 4865 68.15

89 JO 6i*2Jun95 65X0 65X5 M.95 6560

56.10 4*95 Aug 95 456) 5560 54J7 6*70

OSS 6550 Oct 95 65X5 65X5 6505 4505

Est sues 17,304 Tue'ksdes 7L429

Toe’s open ini 57657 Off 1751

FEEDER CATTLE CCMBR] 5Un«.-eroHeeri£

B1J5 70.750a 94 nStl 7105 71.10

8860 72.40 Nov M 7145 7360 72J5

00.95 72-50 Jon *5 72.90 7110 7260

8025 71j»Mor»5 71.90 7105 71X2

7690 71.4SAOT95 7165 71.BS 71JE

76J0 71.1DMOV95 71J0 HJ0 70X0

7365 71 67 Aug 95 71 JM 71^0 7060

Eol soles 1*33 Tug’s, ides 1431
rue's open inf 9.1*9 ofl 716
HODS (CMEA) *o»«s-ce«pe£

49X5 3S670C7M iSJO BX5 300

9L50 3565 DOC 9* 35-90 3£QS 35J0

5060 l£!0 Feb fS 37X2 37 JJ 37X2

4860 3*80Acr 98 3667 17.15 3660

*740 <2X0 Jun 95 4X20 4260 42.15

*£00 411 2 Jut 95 *2X0 *40 *12

«U) 41 JO Aug 95 4160 *10 *1X5

4253 79650095 39.10 3*25 3*67

*1X5 3960 Dec 95 3MO 39M 7, SO

EsLtrtM 7,131 Tub's saes 7X9*

Tub's open to 30X81 off 213
PORK BELLIES (CMS?) *Mb-cMiwli
50.05 38.45 FOB 95 39J0 39.® 3860 3SJ0

60X0 3U0Mnr95 39.15 39.17 38X0 38*

SI .15 3965 MOV 95 *QJ5 060 3963 39 SS

5*00 4OX0JUI98 4060 4055 40XS 40X5

4*60 3965 AUD *5 39X0 3960 39JK 39X0

Est. sales 1.929 Tub's, srtes 1.716
Tug's Open krt 9658 up 409

72.12

TZM

73.10

71X2

7163

7070

7060

3425

3135

37J7

3£9S

*a

42X2

*10

39.10

3960

-0X5 15.903
-o.ifl njm

— 0JB 1*8*7

-052 9459
—055 2425
—062 1,165
-OJO 156

-058 2407
-067 *2X1
—066 1X97

—068 <70

-060 3S3

-045 215

—045 2*

—0.95 4X23
-060 14,930
♦0.15 5X02
*OJ38 3,107
1463
*0X0 337

+013 m

+0.05 146

+040 28

-077 8,138
—0X3 IK
-0X5 231

-085 23*

—065 «

i Season Season

1

Hioll

Low Open

High

Low

Ocse

Chg

OsLto

1168

!l.l8AAar»

11X4

♦aoi

9

1768

liJOJiHto

11X4

♦ 061

5

EO.srtes 23671 Tue’s. sates £919

tub’s open to 139 AM off

543

xn

1580

1841 Dec** 1301

1308

iaso

1243

-43 37X59

1405

1077 Mar 95 1355

1358

1314

1310

-*1 18.127

1412

1878AAoy95 1387

QI7

1344

1347

-43

4675

1225 Jul 95 1*09

1409

1377

1390

— 3C

2699

1540

1445Sep9S 1*05

1404

1404

U04

—41

1X03

1445

1420

4644

1474

1150 Mar 96 1*T

1487

1448

1*57

— 41

3L3M

1447

1225 May 96

1490

312

JUJ94

1510

-41

11

Est.sates 34,148 Tue'S. safes 13,125

Tue'sapenlnr 74A*4 uc 1793

ORANGE JUICE (NCTN* ISAM ta.-ato* per P.

13460

8560 Nav 94 91X0

92X0

9060

91 JS

— 065

9642

946*

4JS7

134X5

®360 AAar 95 98X5

99X5

97X0

9868

—1.10

4607

11425

9760 May 95 10260

KEXS

101 JC

101 JS

-ass

1.117

11960

10060 Jul 95 10425

10560

104X5

105X5

—OJO

11480

11160 Sep 95 10760

10865

107 JC

10865

113L40

10960 Now 0

11065

—Lie

11160

10560 Jm 94

11165

+0^1

A tar 96

11265

+ 160

ES-WO 2600 Tub's, sdn

2X08

1 Tub's open Inr 23600 up 331

Metals

HJ GRADE COPPER (NCAX7Q 29600

1 1960

73JSDOCM 11£I5

11460

I1SJ0

11560

+865 38X75

11860

7660 Jan 95 11560

11560

11160

115J0

+ 06(7

594

11760

7360 Alto 95 11458

11480

11360

114J0

+065

4X07

H5J0

11470

7060 Jul 95 1060

11360

11260

112X8

+ 065

1X11

HUB

79, 10 Sep 95 112X0

112X0

112X0

11160

+065

179

122.10

75X0 Da 95 1)860

11860

118.10

118. to

+060

2X10

11860

77X5N0V85 11760

117.80

11450

1I4JD

+ 060

917

11£7S

E860DecV5 11060

11160

11865

11060

+055

921

10860

B£50Jan96

1090

+065

59

10960

10968

11460

018 Apr 94

11360

♦as

502

109 JD

10760 MOV 96

108.10

+055

51

115X0

10410 Jun 94

113.10

+065

207

Jut to

10760

+0L55

11265

11160 Aug 94

112XS

+055

60

EsI. sales 10600 Tub’s, cates 11600

TuritOPron 55677 off 354

sn.ws

(NCAA30 uoowyca

-CMipor^nnror,

5416

5116009*

+16

3

Novto

5427

♦IX

597.0

3006 Dec V* 5456

5715

506

S4SX

+ 1X9£5»

5746

4016 Jrtl 95

5476

♦IX

44

6040

*145 AAar 95 5736

5826

5726

5736

♦ 1X11618

Ml 5

*186 May 73 5836

5836

5826

5603

+1X

4687

4106

4206 Jul 95 5906

5876

5876

387.1

+ L2

3X51

5986

6286

5396 Dec 95 4046

6846

4056

4004

+16

2631

6110

756 Jrtl to

4Q7X

+ 16

1

55*6 Mar 9* 4176

4176

4)76

+16

1X37

5376

5176 May to

A733

+16

14

Jrtto

4316

+L8

1X04

Est- safes 24600 Tup's, sale

15600

Tub's awn ire 125X15 UP 1254

43S49

348600094 42060

173 V 1

42060

42240

+4X0

537

42AU

+360 18672

43960

39860 AST 95 42660

■0160

j?App

430.10

+3J0

2600

jy no

41960 Jul 95 43260

43260

132X0.

+360

541

43460

4226000 95

434J0

+360

345

2X43

tub's opanlnt 22623 off SI

GOLD

41760

3*48800 9* 39140

39140

39260

372X8

-060

254

Now?*

39360

-060

42660

34360 Dec 94 3040

39760

3to6D

393.10

—060115X51

41160

36360 FTO W 39860

37860

37860

-050 17654

41760

31460 Apr 9S 4000

404J0

402X0

6J3.10

-050

7,158

341X8 Jun 95 *0460

40760

40460

40560

-0*0 10625

*1450

38068 Aug 95 41860

fl06D

*09X0

40760

-060

5671

*19X0

*2960

*0060 Dec 95 417X0

H7J0

117X0

41760

-030

7613

4MJ0

41 260 Feb 96

*21 JO

-030

\m

418X0 Apr 96

42560

-0X0

*31 JD

41360 Jun 94

42960

—0X0

-640

Eftsdes 35608 TuCLSde:

38600

| Tub's open to isubi off 383

Food

COFFEE C (A CSS J7JWBI- cents per b
2*4X5 77.10 Dec 9* 213.75 2H7S 310X0 21565 +U0 20442

7*4.00 78JOMar9S 31860 22010 71500 31965 <0» 9.S39

24*60 82JDMOV95 52060 22260 217.10 l&M 1 1X5 34Z7

24110 8560 Jul95 271X5 221X5 220X5 222.95 + 065 1X54

naan 1B5J0SN9S 2360 22100 220X0 223J0 ,160 SM

2*® JIJO Dec 95 22U0 .0.45 7®

Mo-96 22460 *065 100

Est.sdes 11910 Tue's.srtes 9.174
Tue's open inf 34X97 up JM
SUGAR-WORLD 11 (NCSE) limbs-cennserb.

1170 9.17MO-95 1260 «0 |IX5 1245 +103101832

12*5 10L57MOV95 1265 1263 1231 1269 + 06} 176*3

1262 17X7 Jut 95 12X5 1262 13X2 1138 *063 11X07

12X9 10670095 1111 1211 1211 111* +064 9,171

1200 lUOMorfe >172 11X6 1I6S 11X4 *061 IXS7

Financial

H53 -061 21X87
94 Ml -006 9J07
‘ I 7X19

UST.BBJLS (CMBO sirtta+meiaDO.

96.10 9425 DccM 9453 9456 9450

9SJK 92 W Mer 95 94)3 9415 9*61

96X4 93.73 Jwi*S 93X1 91X4 9168 9369

Est. safes NA Ti»1£»6b 1148
Tile's open m 32,913 up 163

STBL TREASURY (CBOT) pemm-MIMalWM
106-20 Ml -26 Dec 9*101-205 fgl-30 101-185 101-215- V 164X7*
1(0-09101-095 Mrt9S01-015 191-625 10 Mil 5 101-025— 07 2614

EB.srtes 51X00 Tue^.srtes 24*37

Toe’s wen int 191688 up a

'it loan tmxop

18 YR. TREASURY (CBOT) SHOrtopro-eiiKSMaiiBpa

114- 21 10(7-25 Dec** 101-01 101-03 100-13 100-19— U 272X50

111- 87 188-05 Mar 95100-07 100-08 99-21 99-24— 14 6629

105-0 99-16 All 95 99-12 99-12 «M2 99-05 — 12 115

101-04 98-28 Sep 95 98-14 — 12 2

119-31 98-10 Dec 95 . W-» - 12

EB.srtes 91,9 m Tub's.®** 54476

Tub's open int 27*696 off 141*

US TREASURY BONDS (CBOT1 nmnUIMSMUUIlRlI
118-88 91-19 Dec 94 98-11 98-12 97-17 97+25 — 18 395676

116-20 97-70 Alto 95 97-20 97-22 96-3 97-03 - 18 26629

115- 19 97-00 Jrtl 95 96-30 96-30 96-10 94-15— 11 ID69B

112- 15 96-13 Sep 95 9S-M — U 846

113- 14 94-00 Dac9S 95-12 — 17 127

1 1*46 95-17 AArt-M *4-29 — U 48

100-20 95-02 JunM 94-30 94-30 94-15 94-15- 15 26

ElJ. Mbs 400600 TiMrs.9rtK 8*787

Tub’s open in 433X3 0 off 2 280

I HIM ■ II Will (CBOT) fnwMev-piikBAariaina

91-17 86-22 DecrtM-T9 86-9 85-28 86-01 — B 1160

88-09 85-22 Mrt 9585-16 85-17 8*-30 B4I — 22 SO

Efl. safes 4X00 Tua’s.srtes 2.942

Tub’s open to 18X77 up 560

EURODOLLARS (CUBO 11 n*4n«HrflMKi

95.1EI 90X1DDBC9* 93.9*0 93660 93600 94930 —9492X78

91680 90X40 Afer 95 956» 93600 93^0 93660 -93*80

*4730 90X10 Jun 95 91170 93.170 91600 93.110 — 50X1.130

94650 njlOSepTS 92850 92660 92X70 92J00 -0236413

9498 91.180 95 92570 92J80 92490 92510 -7017440

94X20 90X50 Murto 92520 91530 9249 9240 —70152X73

93.10 92400 Junto 92400 91*25 923B 92X30 -0122,951

92670 92X080196 92X0 92320 92X20 91X30 -801«L*S»

Gst.srtes njl Tue’Lsrta

Tse'sepento 26BX39S on urn

BIHT196 POUND (CMER) newPIWW IiMHSM I

Season Seaaai
Hiah Low

Open High Law Close Ow ■ Op,tot r

16848 1450 Dec 94 16796 16876 1670
1600 14640 Mar «S 16820 1680 16810

TJ660 163*8 Jun 95 16820 1600

Esl safes NA. Tue*£ sales £861
"rue's open W 3U0 off m
CANADIAN D0ULAR K34SU smrilr-leDto*

0X670 8X038 D*C 94 07441 0X4*1 0X402 .8X429
0X605 0X020 Mv 95 0X429 0X432 0X405 07428
0X522 0690 JUn 95 0X40 0X410 0X30 07418
0X431 06965 S«C 95 0J4B OX40 0730 0X40

0X400 0X040 Dec 95 0X305

EH. sales NA Tue-s-SaScs 2494
TUe'tcpenM 46X40 off 394
OBUHANMARK (CMBU SHrmn-lnMeMfesMeei
06606 O650DOCM 04466 0650 06661 06485 M6 74JB9’

04395 06IIOMar95 0607 06507 06487 064H +18 4X06;

06595 0600 Jun 95 04515 06516 06515 06507 +18 593 '

06S25 0.43*7 Sep 95 06517 +17 117

Est. roles NA Tue'p.sdes 22,10 - V

Tue'irawito 78609 up 707 1

JAPAICSEYCN (CMBU seer yen- 1 ertfee—rt 6QMMB1
OOtO60OOO9S2S)ac94OOlOlan61OimOIOO9OOX1OllO +8 49616*
IUnQ5«XUX196a(M(r 9500101 9500im0*ajn 01 90001 01 93 +8 2.774-

0XI1867(D609776Aai9S (UHO3oaoOlO30Q61B3OOOO18293 +8 **M

QOia773UIlO20CSep95 0010389 +8 15-

06)0660)610*41 Dec 9S O0I04U +8 11

Est. safes NA Tue’LSOIes 16X95

Tup's open w SL336 up 776 '

SWISS FRANC (CAAER) t per Irene- 1 DotocauaittAMI
0705 £16885 Dec 94 0X804 OXB65 0X79* 0X8*0 +42 33X77.

0X920 0X4S6AAar95 0X863 0X892 07058 0X873 +44 730’

8X90 0X466 Jun 95 0X05 0X90 0X03 0X906 +46 63,

EfMdw NA Tue's.srtes 1*631
TUe^aoento 3*670 off 269

¥

5561 Oct 94

66.15

6760

4560

66X5

5960 OK 94

46J6

47X5

44-36

CM

6260Mto95

4017

48.90

401?

64O0AAny9S 4960

7005

4960

<5X3

7£L*1

Lilli

446000 95

4060

6860

4060

40X5

+ OI5

538.

64X5 Dec 95

47J0

68.15

47X0

4865

+030

1X12:

<8X5

+0X5

Industrials

COTTON 3 (NCTN) uneppMi*rh
7£« — ’

77X5
78.15
7865
78X5
7*70
7260
6860

Ed. sales 960 Tue's.srtes 11623
Tub's open int 51630

HEATING ML (NMEX) amw-aemort
500 MMNovM 4965 SDXS 4965 4965

5960 4&MDOC94 5060 5199 5060 50.97

8125 *3X5 Jeer 95 5165 5160 5160 5167

58XJ 47.95 Feb 95 5260 5365 5262

5760 *760 Mar 95 5260 52X5 5160 52JJ

B.15 *165 Apr 95 5165 5U0 5160 5162

500 4760 May 95 5065 57J0 5065 £167

5150 44X9 Am 95 5060 50X0 5060 50X7

5438 4765 Jul 95 5160 5TJ» 5160 5097

5560 *2X0 Aug 9S 5167

«65^9S 52.15 52.15 53.15 52J7

50650a 95 51X7

5130 52.9QNW9S 54.17

53.40 Dec 93 5107

5Q6DJrtiH 5567

5960 FTO 94 1567

54X0 Mar M 5*62

*46OApr0 SJS7

1462 NovW 17.94 18.U 1765

1*0 Dec *4 1£1D 1£21 1162

15.11 Jan 95 1119 18X5 1112

15X8 Feb 95 1119 1868 1111

15-CMarM Ills 1BJB 1114
15J8Apr9S 1123 IBJ3 1123
l649AAay95 1864 1825 1134

15X3 Jun K 1119 lflJQ ill?
110SJMH 1125 I860 1123

1116AUB*S 1L30 1130 I860
1767 Sep *5
1462 Oct 95
17.15 Nov 95
1660 Dec 95
1765 Jon to
1119 Feb M
17.15 Mar 94
AprW

42X5 Nov 94 4560 *US~«5

6065 SDJODecto 54X0 5560 51X5

5860 503 Jon 95 JiJO J4JS

3865 51.10 Fet) 95 M6S SLID 5140

55X5 3260 Mar 95 55X0 55X0 S5J5

5960 5155 Apr 73 5BH 5»JS

S3 B - 10 *»

5760 55J0JW95

%% 5A60 SA60 5180

sen si is Nov 9s

54X3 5USD9C95

57.15 540 Aug M

Est sales 11107 Tu+s. rotes 20692

Tub's open Ira 67608 off 472

1101

1114

1124

18X8

1131

1132

1133
1133

1133

1137

1137

1861

11*2

1143

1865

IM

1861

1864

45X4
SS.12
5175
SM
55X5
59 JO

Ut

S8JS5

3740

5120

55.10

5175

5U0

570

+ 00 386191
+122 *3-T7J l
♦0X2 31.07;

+0X2 14,957

+00 12X29;
+00 4681
—118 4655
+ 00 £202=
+ 00 4X34 .
+022 1XSS;
+00 160.
+00 U11V
+OX2 712"
+ 042 L9»:
♦00 47 A*

+00 on:

+0JB 320,

+ 00 TO

-067 81081
—006 79J53-
— 067 52.153:
+062 23679-
♦IDS 22J3S,
+ DJP 15X33
+ QJH 10624,
+109 24644’
+11011605,
+0.11 S,«1

+112 11699*
+113 3,94i!"
+114 46U
+115 I860:
+114 6605
♦117 1672;
♦111 »JW
+119 l!

— J 2769T
+113 15626-
+120 9 60S
+0X0 463T
+115 1X32
40.15 3675
+060 2X67
+ 0.15 923

+015 1,130
♦0.15 45k

+0.13
+0.15
+0.15
+0,13

s

130

sdi:

Stock Indexes

9BBTVa 0

22 $SISS^SSSffi3 93

«£00 44460 5ep0 IMP *4460 Sag

Eft .Mies NA Dje'Lsrtes 100631
TUe'eaeailnt 225,137 up 4537
NV3EC0MP.MDCX (NYFB HUm—
24460 237. II Dec 9* 25160 251 JS 248X0

*•460 24BJ0 AAar 93 2SUS K2JK SS

24560 25460 Jun 93

242X0 2620 Sep K

BLSIM9 NJLVtWB
Wto’aepanM 4695 up 239

45425 —060714X43
—US 267*

441.05 — a9£ 2^78
44S65 -060 120

SH5 +<i»

255.15 —068

Commodity Indexes

Reuters
0J. Futures

CoftLRtraarch VBJto

Previous

U56.it>>
108360 ■
153.74 :
23QJ0 ’

1

i

Page 14

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

Bouygues Shares Rise on Phone Deal

been delayed several tuna, causing some

Edouard

PARIS — Shares of Bouygues SA rose 2
percent Wednesday, a day after the com-
pany won the right to lead a consor tium to
provide the third mobile telephone net-
work in France.

Bouygues shares jumped to 587 French
francs ($1 1 1) from 576 francs Tuesday on
the Paris Bourse.

The French government’s choice of
Bouygues ended a three-way battle involv-
ing it and Alcatel Alstbom SA and Lyon-
naise des Eaux-Dumez. The phone net-
work license lasts for 15 years.

The politically sensitive decision had

1

to speculate that Prime Minister
Bahadur was trying hard not to alienate
potential political allies ahead of next
year's presidential election.

The government also chose Bouygues as
part of a group to build a stadium near
Paris for the 1998 soccer World Cup.

Bouygues also said Wednesday its first-
half net profit rose 19 percent and that it
planned to raise I billion francs through a
stock sale to current holders.

The company said first-half earnings rose
to 94 million francs from 79 million francs

in the 1993 first half, helped by a 14 percent
increase in sales, to 293 billion francs.

The results reflect the consolidation of
its TFI television subsidiary for die first
time. Excluding TFI, sales totaled 29.3
billion francs in the first half, unchanged
from a year earlier.

The mobile phone partnership, called
Bouygues Telecom, will be 5 1 percent con-
trolled by a holding company in which
Bouygues has a 74 percent stake; Jean-
Clande Decaux SA, a city service compa-
ny^ will control the other 26 percent.

(Bloomberg, AFX)

NYSE

Wednesday’s Closing

Tafiles Include tne nationwide prices up to
the dosing on Wdi Street and do not reflect
late trades elsewhere. Via The Associated Ptbss

T3 Month

I HBh Lon Boot

as

Oh VM PE IMS

Hsh UmLohttCh'ec I

■

L. .

T-U

^ J

(Continued)

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HcraltiSSribunc

S B F ■ PARIS BOURSE

Published by the International
Herald Tribune, in coordination with the
Paris Stock Exchange, the 1 994 edition
includes detailed profiles of all the
companies in the new SBF 120 Index.

Launched in December 1993, the
SBF 120 is made up of the CAC 40 plus 80
other major firms. Its stocks gained 32.8%
last year, making these the companies to
watch in the coming years.

Each profile includes: head office,
CEO, investor relations manager,
company background and major activities.

recent developments, sales breakdown,
shareholders, subsidiaries and holdings in
France and internationally, 1980-1993
financial performance, and recent stock
trading history.

French Company Handbook is
updated annually for financial analysts,
institutional investors, corporate,
government and banking executives,
documentation services - anyone who
needs to know about the leading
companies in the world's fourth largest
economy.

SBF 1 20 INDEX:

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Economics, BiuituM and Politic*}

ASTIR PALACE HOTEL. VOULIAGMENI, NEAR ATHENS. 10-11 OCTOBER, 1994

T his exceptionally timely conference will highlight the enormous potential for
business and investment unleashed by the Middle East peace process. The
focus of discussion will be on business, investment arid infrastructure
opportunities in Jordan, Israel, Lebanon, Egypt, Gaza and the West Bank.
The impressive group of speakers addressing this major forum includes:

H Abu Ala 'a. Minuter of Economy, Palestine National Authority and Managing Director, PEC DAP.

0 Yossi Beilin, Deputy Alinioter of Foreign Affairs, Israel

0 David R Bock, Managing Director, Lehman Brother v International (Europe), London
0 Roger Edde, Chairman, Lebanese National Congreo # (LNC) an d Chairman, HOK Intercontinental
0 ME Dr Ziad Fariz, Advisor to HRH Crown Prince of Jordan
il Dr Jacob Frenkel, Governor, Bank of Iorael, Jerusalem
0 Rahmi K 09 , Chairman . Koq Holding,* AS, Istanbul
@ Manuel Marin, I ice President, European Commivoion, Brunei}

0 HE SbeiJkh Ahmed Zaki Yamani, Chairman, Centre for Global Energy Studies, London

•>

s'"

•* .
TT.

Conference Location

ASTTR PALACE HOTEL. VOTJLIAGMENI. NEAR ATHENS
TEL: (50 1 ) 896021 1/311 PAX: <30 1) 8962582

Situated on the coast and surrounded by 80 acres of private land,
the Astir Palace Hotel at VouJiagmeni is just 30 minuteb by taxi
from central .Athens and 10 minutes from the airport. The calm,
relamng atmosphere of the hotel creates the ideal climate for
focusing on the key issues under discussion.

Co-eponaored by

Hcral blS^ gribtmf

AMERICAN HELLENIC CHAMBER OF COMMERCE

Corporate Sponsors
COMMERCIAL BANK OF GREECE.
HELLMUTH. OBATA & KASSABAUM (HOKj. INC.
JOANNOU & PARASKEVAIDES (HELLAS) S.A.

For further information, or lo register for the conference,
please complete the form below and send or flat ux

Fiona Cowan, International Herald Tribune,

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Tel: (44 71 ) 856 4802 Fax: (44 71 ) 836 0717

The conference fee is £650.00+18% FPA

□ Pteatr^oul me further Informalmt. O Please invoice.

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vkf— yield,
l— sales in ML

Page 16

EC Extends Ruling
On Car Dealerships

SuSMtSJ S&ni

BRUSSELS — The Europe-
an Commission decided
Wednesday io extend automak-
ers" control of aulo dealers for
10 years, but it is limiting that
control to try to spur competi-
tion ;n the European Union's
biggest industry.

Since 1985, the commission's
agreement with automakers has
permitted them to dictate where
the dealers may be and how
many cars they may sell. The
agreement allows automakers
to stop their dealers from sell-
ing competing brands.

Consumer groups com-
plained that the agreement
caused a distortion in the 12-
nation EU by limiting competi-
tion among dealers and allow-
ing carmakers to charge
different prices in various EU
markets. EU prices van’ more
than 20 percent for a quarter of
European brands, the commis-
sion said.

The new conditions, which
will be in efFect for 10 years
after the existing accord expires
in June 1995, will “redress the
balance" between automakers,
dealers and consumers, said EU
Competition Commissioner
Karel Van Mierl said.

The main changes in the
agreement include permission
for car dealers to buy spare
pans wherever they please, pro-
vided the parts are of equal

quality to those supplied by the
carmaker. Previously carmak-
ers could force their dealers to
use their parts. Dealers earn up
to 60 percent of their income
from spare parts.

The new rules also allow
dealers to advertise wherever
they choose, while carmakers
may presently prevent dealers
from advertising outside their
territory. Car dealers still will
not be allowed to use direct
mail to lure customers from
outside their territory.

A Brussels- based consumer
lobbying group, the Bureau
Europeen des Unions des Con-
sommateurs, said the commis-
sion’s actions did not go far
enough.

'The commission could have
gone a lot further," said Valerie
Thompson, a spokeswoman for
the group. “It’s veiy disap-
pointing for consumers.”

She said consumers still
would not be able to compare
different brands under the same
roof, a key condition for com-
paring quality and prices of
cars.

Although the new rules allow
dealers to sell competing
brands, this may only be done
in separate premises operated
by different managers. Car-
maker s may also scrap agree-
ments with their dealers if Lhey

decide to sell competing brands
under the new rules.

INTERNATIONAL HERALD TRIBUNE. THURSDAY, OCTOBER 6, 1994

Browning on KKR Trail

Bid for Attwoods Echoes Borden Offer

By Floyd Norris

New York Times Service

Efforts by Browning-Ferns Industries Inc.
to take over Attwoods PLC, a British environ-
mental company, may be an example of a new
acquisition strategy: Find an underperform-
ing company and offer the shareholders a low

would never regain its former profitability
and added that the stock price was unreason-

ably high because of takeover speculation.
But because the Attwoods garbage-haulir

INTERNATIONAL STOCKS

price, warning them that the choice is be-
tween the bid and continued bad manage-
ment by the incumbents.

In bidding low for a company whose share-
holders have good reason to be disgruntled,
Browning-Ferns is following a path blazed
recently by Kohlberg, Kravis, Roberts & Co.
in its continuing attempt to buy Borden Lnc.

But KKR managed to get the Borden
board’s support, while it appears certain that a
majority of directors of Attwoods will oppose
Browning-Ferns, the second largest waste
management company in the United States.

The Browning-Ferns effort has become
one of Lhe more hostile battles in recent years.
British takeover laws require bidders to notify

But because the Attwoods garbage-hauling
business would fit in with Browning-Ferns
and its waste dumps and recycling centers,
Browning-Ferns was willing to buy the com-
pany anyway.

But not at much of a price. The bid offered
no premium to the market price, which was 34
percent below what the shares had fetched six
months earlier, before it became clear just
how bad a year Attwoods was having. Final
results for the year that ended July 3 i are not
out yet, but everyone agrees the figures will

not be pretty.

The largest shareholder of Attwoods, Laid-
law Inc. of Canada, already has agreed to sell

its 30 percent stake to Browning-Ferns.

Although the bid was announced Sept. 20.
Attwoods has until Oct. 17 to respond to it.
The offer is for 109 pence a share, or about
S8.60 for each Amencan depository receipt,
which represents five shares. Shareholders
might get a small additional payment later, if

target companies before they begin their of-
fers. and william d. Ruckelshaus, the chair-

a subsidiary is sold for a high price.
In New" York Stock Exchange

fers, and william D. Ruckelshaus. the chair-
man and chief executive of Browning Ferris,
complied.

At 2:30 A.M. on Sept. 20, he woke up Ken
Foreman, the chief executive of Attwoods, to
tell him the offer would be made in a few
minutes, before the London market opened.
The hour would have been less unfortunate
had Mr. Foreman not been staying at his
home in Florida, where Attwoods" has a large
pan of its operations.

The offering dissected the recent perfor-
mance of Attwoods, said that the company

In New York Slock Exchange trading
Tuesday, the ADRs closed at S9.125. down
12.5 cents. Mr. Ruckelshaus attributes the
premium to speculation that he will raise his
bid, something he refuses to rule out. But he
said be saw no reason to do so now.

So far, the two largest .American holders of
Attwoods stock — the Fidelity and Franklin
groups of mutual hinds — have not signaled
what they will do. and Mr. Foreman said he
was not now looking for a white knight.

“We have to convince shareholders that it
is the right thing to do, to stay with it." Mr.
Foreman said. “It is certainly worth 50 per-
cent more than they are asking."

UBS Defense Dents Ebner’s Armor ROSEN: Different Drummer

Bloomberg Business News

ZURICH — Martin Ebner, the investor who
could add a premium to shares be favored just like
fresh coal of paint, may have provoked one fight
too manv with the Swiss establishment.

view the chance of that is extremely high, then a
lot of his clients wfl] not be satisfied.”

Union Bank of Switzerland last week acted
against the takeover threat it perceived in Mr.
Ebner. its largest shareholder. The board an-
nounced a plan to wipe out much of the voting
power of the 23 percent of UBS shares controlled
by two of Mr. Ebner's four listed investment
companies. UBS shareholders are to vote on the
matter next month.

Since then, those shares have plunged almost
200 million Swiss francs (SI 55 million). The rush
to sell shares of other companies in Mr. Ebner's
stable has wiped a further 487 milli on francs off
the market value of his listed investment vehicles.

“Ebner now has to fight for his reputation in
ihe market.” said Hans Kaufmann. the head of
Swiss brokerage research, and a director at Bank
Julius Baer in Zurich. “Should he lose, and in my

Mr. Ebner was accumulating registered shares,
analysts said, hoping UBS would raise the 5
percent voting limit on the shares so he could
gain control of the h ank. He clearly was not
expecting the UBS action.

Whether Mr. Ebner overplayed his hand, by
goading UBS to take such drastic action, will be
seen on Nov. 22 when a vote will be taken on the
proposal at a shareholders' meeting.

The episode has focused attention on the tactics
of Mr. Ebner’s group of companies: his BK Vision
AG and Pharma vision 2000 Ltd. closed-end
funds are the largest shareholders in two of Swit-
zerland's biggest companies, UBS and Roche
Holding. “The small shareholders in BK Vision
thought they were buying as investment fund to
maximize the value,” said Ian McEwan. a banks
analyst at Merrill Lynch in London. “The way
Ebner sought to do that looks more like a corpo-
rate raiders strategy, with the risk their fund could
lose 30 percent or 40 percent overnight.”

Continued from Page U
and says, “We never thought it
would take off to that extent."

Through a deal with the man-
ufacturer Victor Co. of Japan —
or JVC — to exchange software
for compact-disk players, they
gave hundreds of them to jazz
radio stations, which loved the
sound but had nothing to play
other then GRP material. “We
were everywhere,” Mr. Rosen
said. “Thelittle window got big-

ger and bigger.” This was no
longer coincidence.

longer coincidence.

MCA bought GRP in 1990,
when it had annual worldwide
sales of $20 million and 40 em-
ployees. As an MCA division
with Mr. Rosen as president, it
grew to 55 employees in 1993
and had sales of $36 million,
according to MCA. Mr. Rosen
hired his successor. Tommy Li-

Jobless Rate
In Germany
Falls to Low
For Year

Bernhard Jagoda, president
of the Federal Labor Office, at-

tributed the improvement to a
seasonal increase in orders and
the increased pace of economic
recovery in Eastern Germany.

The German economy has
been struggling out of recession
since spring, but unemployment
has remained high, topping 4

million this year. But the figures
released Wednesday should help
Chancellor Helmut Kohl's
chances of being re-elected Oct.
1 6, economists said.

“Mr. Kohl must certainly be
very cheered by these num-
bers” said Holger Fahrinkrug,
an economist at Union Bank of
Switzerland in Frankfurt.

Puma, the former vice president
of Elektra Records who pro-
duced Natalie Cole. Miles Da-
vis and many others. Before
leaving to explore CD-ROMs,
he left GRP one last coinci-
dence to exploit.

Mr. Rosen's acid jazz compi-
lation called “Red Hot + Cool
— Stolen Moments,” for the
benefit of AIDS research, wiU
be released Tuesday. Acid jazz,
a new melding of rap and jazz,
is on the cusp of commercial) ty.
The album includes such major
players as Guru. Donald Byrd,
MC Solaar, Herbie Hancock,
the Digable Planets. Branford
Marsalis and the Last Poets. It
is the first acid jazz compilation
with artistic as well as market-
ing viability.

“The whole story" is like a
dream.” Mr. Rosen said.

But while German voters
watch the overall unemploy-
ment rate, economists rely more
on separate figures that are ad-
justed to reflect seasonal pat-
terns in hiring, firing and com-
pany shutdowns.

Using this seasonally adjust-
ed measure, the number of un-
employed people in Western
Germany fell a larger-th an -ex-
pected 5,000 during" September.

(Bloomberg, AP)

■ Hoechst Eyes UJ3. Share

Hoechst AG said Wednesday
it wanted to expand its market
share in the United States but
declined to say whether it
would do so by buying Marion
Merrell Dow. AFP-Extel News
reported from Frankfurt.

Financial markets have seen
considerable speculation re-
cently about Hoechst’s interest
in Marion Merrell, the pharma-
ceutical arm of Dow Chemical.

EUROPE”

. am — •

r r
V*

Its-i'.ilwt

Compiled by Our Staff From Dispaidte

NUREMBERG — Unem-
ployment in Germany fell to
the lowest level of the year at
the end of September, the Fed-
eral Labor Office said Wednes-
day, with the number of jobless
people down by 142,000 from
AugusL

The jobless rate in Western
Germany fell to 7.9 percent, the-
lowest since November 1993
and down from 8.2 percent in
August In Eastern Germany,
the unemployment rate fell to
13.8 percent from 14.7 percent
in August, the lowest rate since
November 1992.

,,s: i ^/- '***?* *• ••

■ AffiStaRMfvrr": AeXy -• ? \

llide*

• Wtidom, ' QwntWl-TlineA^.- ,

jutadrid ; <gttferaf-l itdek ; •■" 29&7S ■ ■

Iffimt v? ■ MlBTSL ; ; ; " " X " • ‘

. Paris' "• ^aCAC40y::

Stockholm;'^ , 1 - 749 - 17

y ^--Stoek IhdaiA-v

:zuricii ? :y ; :-sbs- ' -V fe&or

Sources: Reuters. AFP

fauentaonMl HoiUThh*

Very briefly:

• Cockerifl-Sambre SA’s takeover of EKO StaW GmbH may 1
violate European Union rules because of German subsidies Karel ^
van Mien, competition commissioner for the ELL said. '

• Christian Dior SA said net profit rose 71 percent to 419 million .
francs ($79 million) in its First half, partly because of its increased
stake in LVMH Mo€t Hennessy Lotas Vuittou.

• British Sky Broadcasting Ltd. will create the equivalent of 1,000
full-time jobs in Scotland by building a £10 million center for:
processing users' applications.

• Valeo SA, Europe’s second-largest car-parts company, said nine- .
month sales rose 1 1.5 percent, to 16.73 billion French francs.

• Olivetti SpA will announce a European alliance at a news."
conference in London on Thursday.

■ Carrefour SA said sales for the first nine months of the year rose.
8.6 percent from a year earlier, to 108.83 billion francs.

• Hogg Robinson PLC said it would expand its financial-services
operations by acquiring those of Bain Hogg Group: Hogg Robin-'
son will pay £13 million ($21 billion) for all Bain's U.K. operation 1
and half of its Hong Kong operation.

• East German producer prices were unchanged in July from June,
and rose 0.6 percent from July 1993. the Federal Statistics Office-

said. AFX. AP. Bloomberg. Knight-Ridder;

Telefonica’s Spending Plans

Bloomberg Business News

MADRID — Candido Velisquez, president of TelefOnica de*
Espana SA, said Wednesday that the company planned to double ■»
its investments in Latin American telephone companies to almost
S 1 0 billion over the next few years. *

“We will not miss out on any opportunity to invest in Latin i
America,” he said. Hie company also said it was exploring an •
“alliance” with a North American company in Latin America.

• - poor i

ilfl ill Ka

: V

} iJJ

international he rald tribune, Thursday, October 6 , 1994

: »

' v *

1 1 .

hina Stocks Drop
On New Trade Rule

Asians Wary of Free Trade Zone

on

Compiled by Ovr Staff From bupaidia

HONG KONG — The

• Shanghai A share market plutn-

• lie ted U percent Wednesday,
he first day of trading since the

• veekend announcement of a
ule aimed at curbing market

...speculation.

. The Shanghai A share index
±rppped.90. 1.1 points, or 1J per-
cent, to close at 72337. The
tlock exchange was closed
■ -Monday and Tuesday for a
holiday. A shares, which only
: Chinese citizens can buy, also
-fell 1 1 percent in Shenzen.

• *Tbe new rule is an attempt
. by China's market regulators to
' curb stock market speculation,”
\a broker in Shanghai said. “Even
though the new rule will not be-
come effective until Jan. l.raves-
V on are already nervous.”

^ ^The rule, known as “T plus
one,” requires traders to hold
shares for at least a day.
ij Currently, traders can con-
: duct transactions within a day
-with the help of the central ac-
counting system after they have
" struck a deal. One analyst said
.as much as two-thirds of turn-
over on the Shanghai exchange
consists of such trading, for
. which investor capital “doesn't
actually exist,”

Traders said the market also
; fell because of expectations the
government would cut credit
lines to securities houses to curb
inflation.

An official Chinese newspa-
per said inflation in the country
had not been curbed. The re-
.. port said consumer prices
: would rise by 22 percent for the
-1 year if present trends contin-
ued.

The China Information
News report said higher agri-
cultural input prices triggered a
jump in food prices. Farm pro-
duction costs were 34.5 percent
higher in August than a year
earner.

In 35 large Chinese dries, re-
tail prices m August were 27.1
percent higher than m August
1993. The government has said
that controlling inflation is its
top economic priority. Bat re-
ports have consistently indicat-
ed that the goal of getting Chi-
na's inflation rate down to 10
percent remains out of reach.

Some also said investors were
selling shares because of specu-
lation about the health of Chi-
na’s paramount leader, Deng
Xiaoping.

B shares, which are available
to foreign investors, also fell in
Shanghai. The Shanghai B In-
dex, calculated by Credit Lyon-
nais Securities Asia, fell 2.4 per-
cent, to 88233 points.

Stocks also fell sharply in
Taipei and Hong Kong.

The Taipei bourse, which hit
a four-year high last week, fell
328 percent after a securities
brokerage disclosed 200 million
Taiwan dollars ($8 million) in
bounced checks, brokers said.

The Hong Kong market fol-
lowed Wall Street down. The
Hang Seng Index lost 2.16 per-
cent, to 9,29836. “This is a knee-
jerk reaction to the U.S.,” Ross
Purdie of Mees Pierson lidding
NV said. The Dow Jones indus-
trial average fell 45.76 points

.Tuesday.

( Bloomberg,

Knigh t-Ridder, Reuters)

By Michael Richardson

International Herald Tribune

SINGAPORE — Protectionist forces
may scuttle attempts to build a regional
community based on free trade in goods
and services as trade ministers from
Asia-Pacific economies meet in Jakarta
on Thursday.

Officials said some countries, includ-
ing Japan, China and South Korea, were
waxy erf accepting a fixed timetable for
regional trade liberalization because tha t
would deny national governments con-
trol over politically sensitive decisions
affecting their economies.

Malaysia appears to be adamantly op-
posed to the plan, asserting that it could
allow powerful states to dictate econom-
ic terms to smaller countries.

With the United States unable to take
a finn lead is supporting the proposal as
Washington battles to overcome resis-
tance in Congress to the global trade
accord readied in April, analysts say the
push to open Asia-Pacific markets on a
regional basis may be losing momentum.

Mickey Kantor, the U.S. special trade
representative who was to lead the
American delegation in Jakarta, pulled
out at the last minute to battle opposi-
tion to the global trade deal in Congress.
He will be represented by his deputy,
Charlene Barshevsky.

Failure by the 17 members of APEC
the Asia-Pacific Economic Cooperation
forum, to agree on a timetable for
achieving free trade and investment in
the region would weaken the group in its
dealings with the more cohesive Europe-
an Union.

It could also undermine efforts to ex-
tend tiie trade-liberalization gain^ made
in the Uruguay Round of negotiations
that were concluded under the auspices
of GATT, the General Agreement on
Tariffs and Trade.

APEC comprises the United States,
Japan, Chin a, Ca nada t Australia, South
Korea, Taiwan, Hong Kong, New Zea-
land, Mexico, Papua New Guinea and
the six countries in ASEAN, the Associa-
tion of South East Asian Nations. They

are Indonesia, Malaysia, the Philippines,
Singapore, Thailand and Brunei.

Chile is due to become a full member
of APEC in November, when ministers
from the group hold their annual meet-
ing in Jakarta followed by an informal
summit meeting of leaders in Bogor, also
in Indonesia.

APEC economies account for 50 per-
cent Of global production, 40 percent of
the world’s trade and 37 percent of its
population.

To prepare for the November meet-
ings, the trade ministers will consider
Thursday a recommendation that APEC

Malaysia appears to be
adamantly opposed,
fearing the bigger states
would be able to dictate
terms to smaller ones.

commit itself to a Him target for achiev-
ing free trade in the region, starting the
liberalization program in 2000 and com-
pleting it by 2020.

The recommendation was made unan-
imously by a group of business leaders,
economists and former officials who had
been asked by APEC leaders in Seattle in
November to present specific proposals
for consideration in 1994.

In its recent report, the so-called Emi-
nent Persons Group also proposed a
phased introduction of free trade to take
account of the widely varying levels of
development among APEC members.

The group said the most advanced
economies m the region, such as the
United Slates, Japan, Canada, Australia
and New Zealand, should achieve the
free-trade target in 10 years.

They suggested that the newly indus-
dcveloping economies led by C hina and
Indonesia could take as long as 20 years.

The group also recommended that
APEC members show their commitment
to global trade liberalization by promptly

ratifying the Uruguay Round agreement-

some APEC officials tried to play
down the significance of attempts in
Congress to block U.S. ratification of the
Uruguay Round accord. But some Asian
officials said the delay in ratification was
making it more difficult to forge a con-
sensus on regional trade liberalization.

Ali Alatas, the Indonesian foreign
minister, said any delay in implementing
the Uruguay Round would hurt Indone-
sia and other developing countries.

“We must confess to bang concerned
with the possibility of a tardy and long
drawn-out process” of applying the
terms of the global deal, he said in a
irialized economies — South Korea, Tai-
wan, Hong Kong and Singapore —
should read) the target in 15 years, while
speech to the UN General Assembly in
New York.

The most adamant opposition to an
APEC-initiated program comes from
Malaysia, which has called for East
Asian economies to form their own con-
sultative caucus to protect regional inter-
ests and promote free trade.

Mahathir bin Mohamad, the Malay-
sian prime minister, confirmed after
meeting Mr. Suharto in Jakarta last
month that be would attend the summit
meeting in Bogor next month. Mr. Ma-
hathir boycotted the first APEC s ummi t
meeting conducted in Seattle by Presi-
dent Bui Clinton late last year.

But Mr. Mahathir said Malaysia did
not want APEC to adopt a free-trade
timetable or become a structured organi-
zation that held regular meetings.

*^We would not like APEC overshad-
owing ASEAN or being directed by the
more powerful members,” be added.

In the face of Mr. Mahathir’s objec-
tions, officials said it would be difficult
for APEC leaders to achieve consensus
on trade liberalization and a solid work
program for the group.

Another lingering disagreement is
whether any tariff cuts agreed by APEC
should be extended to nonmembers
without conditions in the interests of
promoting broader free trade.

Seoul Will Raise Ceiling on Foreign Stakes in Shares to 15%

^ -■ . . Compiled by Our Staff From Dtspaidta

* f Hi * »' { SEOUL — South Korea said Wednesday it

would raise its ruling on foreign shareholdings
■>y two percentage points to 12 percent beginning
3$. I and to 15 percent next year, but investors
• -ippeared disappointed as the Seoul market
•slumped.

A Finance Ministry spokesman said the 3
percent limit on a foreign individual's holdings

- n a single local company would remain at least
in til the end of 1995.

He also said that the 8 percent ceiling on

- foreign holdings in the electricity monopoly Ko-
ra Electric Power Corp. and the steelmaker
Pohang Iron & Steel Co. would remain in force

' — in til the end of the year and then be raised to 10
percent The ceiling was imposed for the two

companies because of their strategic importance.

The Seoul stock market’s leading index lost
more than 10 points shortly after the announce-
ment and closed at 1,05729. down 735.

“Two percentage points is much smaller than
many investors had hoped for ” said Kim Young
Soo, an analyst with Seoul Securities. “It seems
they expected a three to five percentage point
increase this year.”

“It's better than nothing,” said Peter Thorn.
Seoul branch manager of W.I. Carr. “We are
pleased the Hmit is being increased but the indus-
try had hoped for more.”

Shares also fell as investors reacted negatively
to reports that Korea Electric Power and Po-
barg, two major blue chips, would not be
included.

Some brokers said that the new measures were
hardly a factor on the exchange any longer be-
cause a change in the ceiling had been widely
expected and rumors had already boosted buy-
ing in blue-chips.

An analyst. at Lucky Securities predicted insti-
tutional investors would unload more blue-chip
and high-priced shares. "There will be little merit
in holding onto them for the moment,” be said.

Broken estimated that the increased ceiling
for foreign holdings should translate into an
additional inflow of about 2.9 trillion won (S4
billion ), based on the Seoul exchange's capital-
ization of 148.73 trillion won.

Foreigners bought heavily into South Korean

Developer Joins
List of Failing
Finance Firms

Bloomberg Businas News

TOKYO— Jin Sogo De-
velopment, a real estate de-
velopment concern, has
gone bankrupt with liabil-
ities of about 15 billion yen
($151 million), Tdkoku Da-
ta Bank, a research agency
Spe cializing in b ankrup tcy
analysis, said Wednesday.

WhOe the company has

t t filed for bankruptcy,
>anese authorities con-
sider it insolvent because
banks have refused to hon-
or the company's bills or
checks at least twice.

Jin Sogo aggressively de-
veloped housing lots and
condominiums in the To-
kyo area during the 1980s.

It reported sales erf 750
million yen in the year end-
ed March 3 1, 1990. But sales
fell steadily thereafter, and
Jin Sogo was unable to pay
interest on loans it made
from other institutions, the
research agency said.

On Monday, Nippon
Mortgage Co. filed for liqui-
dation m Japan’s biggest

il-Iv

ny, which had 518.4
yen of debt, also suffered
from an overly aggressive
expansion during the 1980s,
when Japanese asset prices
rose sharply. Last week,
Mitsubishi Bank booked a
loss of. S1.08 billion related
to two finance affiliates that
had similar troubles.

Strong Sales Lift Henderson

Bloomber g Business News

HONG KONG — Hender-
son Land Development Co.
said Wednesday its full-year net
profit rose 51 percent, well
above most analysts’ expecta-
tions, on a strong increase in
sales.

The real estate development
and investment company said it
earned 6.04 billion Hong Kong
dollars ($782 million) in the
year ended June 30, exceeding
market expectations of around
5.6 billion doDars.

Revenue rose to 9.97 billion
d ollar s from 6. 1 1 billion dollars.

Lee Shau Kee, ch a irman of
Henderson, said the company
finished 14 property projects
over the past year with a total
floor area of around 22 million
square feet (20,000 square me-
ters), and almost all of these
have been sold.

The company’s income from
rentals rose 33 percent, to 570
million dollars.

Henderson also said it would

raise i is dividend to 1 20 dollars
a share from 87 cents in the
previous year and pay a cash
bonus of 1 dollar a share, in line
with last year, “in view of the
very satisfactory results.”

Net profit at Henderson's in-
vestment holding associate,
Henderson Investment, rose 16
percent, to 1.13 billion dollars.
Sales at that divirion rose to
128 trillion dollars from 1.13
billion dollars.

Henderson Land’s shares
were down 1.10 dollars, to
4630, in a dedining Hong
Kong market The results were
announced after the close of
trading.

Henderson is planning to is-
sue warrants expiring in March
1996 that would entitle warrant
owners to one new Henderson
Investment share for every 10
shares held at a price of 7 dol-
lars. Henderson Investment
dosed at 630 dollars, down 20
cents.

Mr. Lee said Henderson

Land's profit should continue
to gain in the coming year and
Henderson Investment's profit
should show a substantial in-

■ Sales lift Gnoco Earnings

Net profit at Guoco Group
LtcL, an investment and finan-
cial sendees company, more
than doubled in the year ended
June 30, in step with rising
sales, Bloomberg Business
News reported.

Guoco earned 1.36 billion
dollars in the year, up from
573.8 million dollars the previ-
ous year. Sales rose to 3.30 bil-
lion dollars from 2.02 billion
dollars.

Separately, the investment
company Lippo Ltd said it was -
holding talks on sgllmg its con-
trolling stake in the real estate
company Hongkong China Ltd
to an independent third party.

It would not identify 1 the pro-
spective buyer, who it said had
approached Lippo about the
possible purchase. j

Uni trades Skav

19-21, brd do Prince Benri L - 1724 Uanimrg
TO: 46 14 11 Fax: 22 15 91
R.CB.31JK22

Notice

is hereby given that the Extraordinary Meeting of (he shareholders of
Unitrades, Sicav will be held at the Registered Office on 24di October, 1994
at 1 1.00 am for the following purpose:

1 . dissolution and liquidation of the Sicav;

2. appointement of the liquidator;

3. determination of the liquidator's powers.

Shareholders wishing to ex erase personally their rights at the meeting may
deposit (heir share certificates no bier than five working days before the
General Meeting at the Registered Office. Sociftl Eoopeenne de Basque,
19-21 boulevard du Prince Henri, L- 1724 Luxembourg. Grand Duchy of
Luxembourg.

The Beard of Directors

Nintendo Outlook Hits Game Shares

Bloomberg Business News

■ TOKYO — Shares of Nintendo Co. and other video-game
makers tumbled on Japanese exchanges Wednesday after Nin-
tendo lowered its earning s estimate for the current year.

On Tuesday, the world's largest video-game maker said the
strong yen and a price war in Europe had forced it to cut its profit
estimate for the half year ended SepL 30 by 15 percent, to 51
billion yen ($5 10 million). Full-year pretax profit to March 1995 is
expected at 104 million yen, also lower than previously thoughL
Nintendo share prices fell to a six-year low and closed at 5,350
yen. The news also hurt shares of Sega Enterprises Ltd-, Ninten-
do's biggest rival in the games market

Tokyo

Pacific

Holdings

r

Weekly ner asset
value

on 30.09.94

US $ 25248

Listed on die
Amsterdam
Stock Exchange

Information:

MeesPierson Capital Management
Rokin 55, 1012 KK Amsterdam.
Tel.: + 31-20-5211410.

International

Classified

Marketplace

I Monday

International Conferences and Seminars
I Tuesday

Education Directory
I Wednesday

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I Thursday

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I Friday

Real Estate Marketplace, Holidays and Travel
I Saturday
Arts and Antiques

Plus over 300 headings in International Classified

Page ' 17

ASIA/PACIFIC

Hong Kong Singapore ■ ' Tokyo

HangSeng .. •: Straits Times. . Nikkei 225

. 17000 24 © 7^7— T' :

mt-

- 21QQ0-rfi^-a

.22® -rr}
2W0-™

. A S O '

i99* :

Exchange. ’. . ■ Index

J J A S o'

1994- ‘

MJJ A80

ISM

Wednesday Prev.

Hong Kong
Singapore *

Sydney

Tokyo

HarigSeng
Straks Tlroos*'

AH Ordinaries
Nikkei 225 .

Closs • Close Chan#

9,29836 9,50432 -2,16

2,38033 2370.56 +0.43

1379.80 1,990.00 -0.91

13,751.55 19,560.01+0.93
1,133-72 1,125.66 +0.72

1A92.89 7,500.93 -0.54

135724 • 1,064 .64 -0.70

6,94439 7,179.02 -3.28

2,97331 2,85331 . +0.67

503.64 499.43 +0.84

2,0352)1 "1*057.56 T09~

2,063^9 £o$S32 -0J06

Kuala Lumpur Composite

Bangkok SET 1,492.89

Seoul . . Composite Stock 1,057.24

Taipei • Weighted Price 6,94459"

Manila PSE 2,97341

Jakarta Stock Index 503.64

New Zealand - N2SE-40

Bombay National Index

Sources: Reuters. AFP

2.973- 31

503.64

2,03541

2,06X99

liurmu.'iuJ I krai J Tntaflc

shares in the third quarter in anticipation of
further measures to open the market, the central
bank has said.

Policymakers are worried about inflation, said
Don Lee, an analyst with Barclays de Zoeie
Wedd. “They may want to announce some kind
of overall cap on the actual amount because of
the inflationary effect,” he said.

Analysts said the move was also likely to raise
demand for the won, further strengthening a
currency that rose 0 J percent last month.

The final schedule for the changes next year
will be determined by economic conditions such
as money supply, exchange rates and stock mar-
ket trends, the ministry said.

(Reuters, Knighr-Ridder. AFP)

Very briefly:

• China International Trust & Investment Corp- a state investment
concern, said its asset value would soar 45 percent, to 120 billion
yuan ($14 billion), by 2000. Separately, CIT1C said it planned to
open a securities brokerage and an insurance firm.

• Taman and Total SA, the French oil company, are to sign a
SI .25 billion agreement with Vietnam to build ah oil refinery in
Ho Chi Minh City with a capacity of 130.000 barrels of oil a day.

• Honda Motor Co. shares closed at a two-month high, at 1.740

J en ($17 JO) on hopes that domestic sales will rise after the
apanese company announced the launch of a new recreational
vehicle.

• Rabobank Nederland will buy Primary Industry Bank of Austra-
lia Ltd. from Bank of Western Australia* for 100 million Australian
dollars ($74 million).

• Marubeni Corp., Nissho Iwai Corp. and Sianhomo Corp. were
fined 2.34 billion yen by the Osaka taxation bureau for failing to
report income.

• RFC Holdings, a fast-food restaurant chain owned by PepsiCo
Iikl, said it planned to have branches in every major Chinese city
in four years by opening more than 150 new restaurants.

• Thailand will allow at least five more foreign banks to open next
year under its international pledge to license more banks by 1997.
Fourteen foreign banks now operate in Thailand.

Bloomberg, AFP, Knight- Bidder. AFX

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Page 18

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

SPORTS

Labor Situation Dominates
The NBA Owners’ Meeting

The Associated Press

NEW YORK — With the
major league baseball season al-
ready canceled because of a

strike and hockey players
Natioi

locked out talk of a National
Basketball Association con-
frontation is getting louder.

So it's no wonder the NBA’s
labor situation was dominating
the agenda of the owners’ meet-
ing Wednesday, overshadowing
proposed rules and ownership
changes its board of governors
is considering.

The league, winch has never
had a work stoppage, has tried
to squelch lockout talk, saying
it hopes things won’t come to
that.

Bui the New York Daily
News reported Wednesday that
NBA owners were expected to
conduct a secret vote at the
meeting that could authorize a

lockout of players before Nov.
15, when players would receive
their first paychecks.

The regular season is sched-
uled to start Nov. 4.

With the NBA and its players

far apart on several mqjor is-

sues, can pro basketball do any
better than baseball and hockey
in the labor department?

“I feel optimistic,'* Russ
Cranik, the NBA’s deputy com-
missioner, said. M 1 stQl think the
track record between the union
and management has been
good. I don’t have any reason to
think that won't continue.”

Just as in baseball and hock-
ey, however, what the owners
want and what the players want
in a new agreement are two very
different sets of things.

The players’ union wants to
eliminate the salary cap, restric-
tions on free agency and the

Baseball Owners Propose
45-Day Freeze on Signing

New York Tuna Service

NEW YORK — Out of the slumber of a season-shattering
baseball strike, club owners have proposed to the union that
the two sides agree to a 45-day freeze on off-season dates and
rules.

The freeze, most noticeably, would push back the free-
agency filing period. But it could have potentially greater
implications, especially for the clubs' decision on wheLher to
declare an impasse in dormant negotiations and then impose
new rules unilaterally.

The dubs proposed the freeze in a letter from Chuck
O'Connor, general counsel of the labor relations committee,
to Donald Fehr. head of the Major League Baseball Players
Association. Fehr was traveling to Los Angeles on Tuesday,
but Gene Orza, the union’s associate general counsel, said,
*Tm underwhelmed by the proposal.”

The union most likely will reject the proposal, figuring that
a freeze would be far too great an advantage strategically for
the dubs with no real advantage to the players.

Neither side was prepared to discuss the substance of the
idea publicly, preferring to wait at least until they meet on the
matter.

college draft and get a larger
share of revenues.

The owners want to close
loopholes in the current salary
cap, such as contract clauses
that allow players to become
restricted free agents after one
year and balloon payments at
the end of contracts. The league
also would like to see restric-
tions on rookie salaries, and it
insists on continuing the draft
The players association has
challenged the legality of the
cap. draft and right of first re-
fusal for free agency, alleging
antitrust violations. The players
lost a court decision in July, but
appealed and are awaiting a rul-
ing before returning to the bar-
gaining table.

But that ruling isn’t expected
until the middle of the month,
leaving about two weeks before
the start of the season to ham-
mer out a deaL
If matters aren’t resolved by
then, the league could press for
players to take a no-strike
pledge, ensuring the season
could proceed without threat of
interruption.

While no resolution of the
labor matter will come out of
the governors’ meeting, several
rule changes wilL
To beef up scoring and un-
dog the lane, the 3-point line
would be moved to a uniform
22-foot (6.7-meter) arc. Cur-
rently, the arc extends from 22
feet in the comers to 23 feet, 9
inches at the top of the key.

In another rule proposal,
players fouled on a 3 - pointer
would get three free throws.

The owners also are expected
to adopt a rule in which any
player committing two flagrant
fouls in a game would be qect-
ed. In another move to reduce
fighting, any player leaving the
bench during an altercation
would be subject to a minimum
one-game suspension and fined
a maximum of 520,000.

ir 1 ;

Design
Stadium *

, . Walw Bwri/Tbe Ajpodaied Pick

Martina Hingis, a 14-year-old prodigy, making her debut in the year that the other Martina — Navratilova — retires.

2 Martinas: One Going, One Coming

Compiled by Our Staff From Dispatches

ZURICH — The Swiss prodigy Martina
Hingis has made an explosive debut on the
women’s tennis tour.

Hingis was bora in Czechoslovakia 14
years ago and named by her mother, a
former tennis professional, after her fam-
ous compatriot. Martina Navratilova.

She held her first tennis racket at the age
of 2, played her first tournament at 5,
moved to Switzerland at 7 and became, at
12 years and eight months, the youngest
junior champion at a Grand Slam event.

Judging by her debut performance at
the European Indoors tournament in Zu-
rich on Tuesday, when she beat the expe-
rienced American, Patty Fendick, 6-4, 6-
3, with a superb baseline display. Hingis
may yet justifiably be compared to her
namesake.

But Navratilova, 37, struggled to a vic-

tory and conceded that she was weary of
the tennis. circuit that has earned her near-

ly 520 million and 167 singles titles.

re if Martina wasn't

^You wouldn't be here i
playing,” a philosophical Navratilova said,
referring to Hingis. Navratilova had been
hard-pressed in a 7-5, 4-6, 6-1 victory over
Ann Grossman.

“People didn't come to see me play.
They’ve been watching me for more than
20 years.”

For the moment, however, the compari-
sons made are not with Navratilova but
with another child champion, tbe teenage
burn-out, Jennifer Capriati.

Navratilova, the most successful woman
in the open era of tennis, now playing out
her final season, finds herself in the oppo-
site camp from Hingis in the debate over
children in sport.

She said she did not make an impact on

the tennis scene until she was 15. She
disapproves of early starts because of the
emotional pressure and the physical dan-
gers to growing bones.

“Tf I had a child, I probably wouldn’t
want her playing on the tour,” said Navra-
tilova. “Mentally, they may be ready, but
not physically. There might be tbe odd 14-
year-old that is ready for it. but why push

itr

Hingis, a pony-tailed blonde who turned
14 on Friday, shrugged off comparisons
between her and Capriati.

“I think in her family she had problems,
and that’s not the case with us,” Hingis
said.

“And there’s much more pressure to win
in the United States because millions are
involved In Europe, it's only thousands.”

(AP, Reuters)

The Associated Prea

PARIS — Ending jdifci
debate and confusion*? tl
French governments, on . .
Wednesday made its final * ’ >.
choice of architectural plaasioj | :
the 80 , 000 -seat stadiun^ th&f
will be the centerpiece bf \ . .
1998 World Cup. j j .

The elliptical stadium, yfludL |
can be covered by an inf&abl^ J

roof in bad weather, will posts* |
estimated 1.9 billion franc$ $

(about $360 million). The go* :
eminent will pay 51 percent of \
the cost is “S'

It was slightly cheapo tha*.| ; -
the 2 billion franc nmnerqqi T
proposal for a rectangidar-sfe- |

dium with mobile stands to ,

vide different seating conarfg* f . "
rations for rugby and soccet^ - r
The new facility, to be edn^.j , V
structed just north of Paris is .4 ’.••
the suburb of Saint-Denis, vrifri ,
be by far the biggest stadinm rtfflf \
France. The current largest
the Parc des Princes in Pari$BjS '
which has almost 50,006 seats.^ ...

Designed by the architects Ji . ■
Michel Macary and Aymerifl£|| .*
Zublena, the plan features a^i ,r-- :
thm, dlipticaT ring seemmglyni re-
floating above the grandstand*^! ‘ .
supported by 20 thin mefafe&f *
rods.

The stadium is intended-

accommodate soccer, jnj^by^ P .

and track and field, as
entertainment spectacles.

French rugby officials horif ‘ .
the facility will help their bid to- J.- •
be host to the 2001 -Ru#$ '

World Cup.

Discussions of a super-:
um for the Paris area aate
to 1936, but no project was
started until France was
ed in 1992 to be host of
premier event in 1998.

The new stadium will be the?
venue for the opening match bit
the 1998 World Cup and far the - y . r

final

i >

SIDELINES

SCOREBOARD

Head of Algerian Soccer Club Slain

ALGIERS (AP) — Gunmen killed the president of one of
Algeria's most important soccer dubs on Wednesday as he stood
in front of a home he was building for his f amily , authorities said.

The death of All Tahanouti was the latest in a series of killin gs
of sports officials attributed to Islamic extremists. Tahanouti was

'j.-J • —t cSfKifV fc St'-i

Japanese Leagues

BOWLING
Men’s Stales

1. Lin Hon-chen. Taiwan. M10; 2, Henaro
Protons. Indonesia, 1 ,292; i Richard Sin Mo
Phua Malania. 1.284.

Central League

president of Sporting Youth of Bordj-Menaiei, a fi^st division
for yean

team that has for years ranked among Algeria's top three clubs.

A trainer of a police boxing team and a vice president of a judo
federation have been killed in attacks attributed to Islamic extrem-
ists. In tbe past two weeks, one of Algeria's most popular singers,
Cheb Hasrn, was killed, and another singer was abducted.

Trainer’s Death Tied to Horse Virus

SYDNEY (Reuters) — The Australian racehorse trainer Vic
Rail almost certainly died of the same disease that killed 14
thoroughbred racehorses. Queensland medical authorities said
Wednesday.

Tests on Vic Rail's body discovered antibodies linked to the
virus found in the lungs of two horses that died in his stables last
month. In all, 14 horses died in the outbreak, 12 at adjoining
stables.

Rail, 49, died in a hospital on SepL 28, after a respiratory
illness. Dr. Geoffrey Murphy, director of public health in Queens-
land, said tests to isolate Lhe virus in the trainer's body were still
being conducted.

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Wednesday*! Results

Yomlurl 4, Yakult 0

Pacific League

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x-dlnched league title

Wednesday's Results

No games scheduled

Z - v -/inais
C‘-\. .i j-
-*Jr-

' ■' ■

Women 1 * Singles

1. Kim Sock-young. South Karoo, 1047; Z
Norlko inauchl, Japan. 1.226; 3, Groce Young.
Singapore. L21B.

GYMNASTICS

Men

All-Around Final: 1. U Xtaosbuang. China.
57.450; Z Huang LUring. China. 57400; 1 Ya-
ihlakl Hatofccda, Japan, 54.921
Women

All-Around FtiMl: l. Ota Ya,Ciitna.38.750;
Z Yuan Keaia, China. 38JO0; 3, Mo Huflon
China 38487.

Aslan Games

BASKETBALL

women

China 9L Japan 82
South Korea 101. Taiwan 83
Men

Kazakhstan 72. United Arab Emirates 43

BOXING
First Round

Light Flyweight: Ban kit DIoumodHav, Ka-
zakhstan. deL Chas Kwmvdiul. South Karra
3W; Promunmak Phasuwan. Thailand, art.
Kcmsavnav, Laos, w-t: Mansueto Velasca
PMlInptaa, KO VOnna Thim, Cam aorta T:5X
1st round; AbchH- Rashid Oumbranl, Pakistan,
stowed R. Amin, Bangtadesh,2;47, 1st round;
Hennensen Balia Indonesia del Arman
Nashdl NHI, Iran. 13-4; Kazumasa TsuHmotu.
Japan, def. E. Tsogtiargal. Mongolia. 14-4.

Bant am weight: umesh Katuwat. Nepal,
drt. Ko Wen-mlng, Taiwan. 741; Yearn Jang-
klL South Korea def. Shan xfaaqkma China
13-3; Bektas Aboubakirov, Kazakhstan, del.
Motochlka Aharon. Japan, l3-«; Anthony
Iguoaulsa Philippines, stooped Behan Bate-
many, Iron, 1:29. 2nd round; T. Davaotseren.
Mongolia, def. LittMech Kerdpayafc, Thol-
land, 11-7; Gurmeet Singh, I ndht. del. Moham-
mad Ashvn HasMln, Bangladesh, 30-1; Kho-
lla Abdul. Pakistan, def. Ovoun SkMlkov.
Uzbekistan, 10-6; N. Wallsundera, Sri Lanka
def. X. Sengttwvlsouk, Laos. 8-7.

Middleweight: Pino Batwrl. Indonesia del.
Narang Irtprom, Thailand. 1M; Arkadi I To-
paev. Kazakhstan, stopped MU Harunur Ra-
shid. Bangladesh, 0:35, 2nd round.

KARATE
MW
Karaite
M Kilograms

Semifinals: Tashihito Kokuburv Japan, det.
islrall Ismailov, Tajikistan 4-0; Mohammad
Naur Shamseh. Syria det. Liao Yim Chlh,
Taiwan 3-2.

Final: Kokutxm def. Shamseh, 1-0.

Over 8S Kilograms

Semfflnals: Yasumasa Shimizu, Japan, oef.
Vahid Khaieti Hosselnl. I ran, 5-3; Abdulmoftj-
ilb Al-Bargawl, Saudi Arabia, del. Mahomed
Falruz Mohamed Falser, Malaysia 3-1.

Root: Shimizu dot. Al-Bargawl, 6-5

Kata

Final: 1, Ryoki Aba Japan, 47J points; Z
Kadr Abdullah, Indonesia 470; 3. Richard
Anthony Um, Philippines, 444.

SOCCER

fyifcfl

Uzbekl si an 1, Kara Kang 0
United Arab Emirates 2, Burma 0
China 3, Brunei 2
South Korea 2, Oman 1
Japan 1, Qatar I
Saudi Arabia 4 Thailand 2
Iran 1. Turkmenistan 1 (tie)

SWIMMING

Women

100-M«ter Backstroke: 1, He Clhona China
1:0071; Z La Bln. China 1:00.97; 3, Mlkt No-
kaa Japan. 1:03.12.

400-Meter Freestyle: l, Zhou Guanbin,
4:0X40; X Yang Attnia. China, 4:1X17; XSuzu
Chta, Japan. 4:1544.

400-Meter Freestyle Relay: 1. Chino (Shan
Ylna Le Yta, Le JlnsvL Lu Bin), 3.4375; %
Japan (SumikaMirMmotaNooko imrta Erl
YemanaL Sunt Chiba), 3:4641 ; 1 Hang Kang
(Lou King Ting Katie, No Gar Lac Fenealla
Lee Ylng ShRi Vlvkm. Lamsam Robvn
Claire), 3:5434.

Men

108 M e t er Freestyle: 1, YukMro Matsu-
shlla,japcev51J)9;XSerguel Borlmenka Ka-
zakhstan. 5124; x Alexei Egorov, Kazakh-
stmuSlTB.

280-Meter Backstroke: 1, Jl Song-loan,
South Korea 2:0045; Z Halimc rtoL Japan.
2.-0134; X Ryull HertL Japan. 2:0144.

TENNIS
Men's Team
SemHtnais
India X Malaysia •

As It ismali def. Ra m ochondron Romalah.
4-1, 7-5; Leander Poes def. Adam Abdul Malik,
UM: Zecshan All Svod and Gaurav Nate-
kardef.WItsam Klmhual Khooand Romotah,
6-1, 4-4.

Indonesia Z Japan 1

Suwanrt, Indonesia Oef. GataH Motomura,
Japon.2-4. 6-19-7; Benny Wllava Indonesia
def. Yasutaiml Y am am ot o, Japan, 7-4 f7-2),3-
6. 6-3; SatoshJ inabucM and Rvusa Tsultna
Japan, det Wlrynwan Saul harts and Danny
5usetta Indo ne sia 4-2. 4-4

VOLLEYBALL

women

South Korea art. Mongolia. 15-0. 15-3. 754).
Japan def. Thailand. 15-1, 15-1 15-4.

China def. Taiwan. 15-9, 15-9, is*

SMCHoeram FMM: 1, Zhang Xk»li.CMfM^
107S-13XB-237S; Z Chen StaMhlh, Taiwan.
1073-122^— 2304; XKhorrrataOwiporn. Thai i -
land. 925-117^-2100.

. %

GRECO-ROMAN WRESTLING
48 KDoenun* } ,

Gold Medal — Sim Kwmvha South Korea
del Razo Almkhah AsR.'irtm. 84); BrOMN
Medal — Ruslan Gebekoa Kyrgy z stan, def.
Gairatoulla Abdaullaev, Uzbek M an. 44L

OverBMOtegran Real: ),u Yafuon

na MSB-USB— MOuO; 2, Chen HtfooHlen, '
wan. 9SJ>-lT3A-mo.- 3, BbarN Singh, IndM
*25-1t7J— at#A

57 KDogroms

OoM Medal — lourt MehiHctienka Kazakh-
stan. del Sheno Zetfon. China 34; Browse
Medal— Lee Tae-na South Korea det.Shahr-
for Saieby. Iran. 3-0.

48 Kilograms

bom Medal— idm Young-H. South Korea
del Grtgarf Pulvuev, Uzbekistan. 3-1; Bronze
Medal — Tokurrrf MarL Japan, def. MefxO
Sadegnpaur. Iron, 3-1.

82 KHograms

Gold Medal — Daoulet TaMflykhanou. Ko-
znklwtan, def. Raatbefc Sanattxicv, Kvrgyz-
stan7-0; Bronze Medal — Kim Yeoneoa
South Korea def. Arash Moatamedl, Iron. 54
Me Knograms

GaM Medal — Sang SungJL Sooth Korea
def. Vitalii Lefidne. Kazakhstan. 44); Bronze
Medal — Takastil Nonomura Japan, def.
Jaber Abbas Zodeh Movaghar. iron, 2-1

UfmlenBnBB

■WBII1BIIII

Women

74-KBagram Ftaf: 1, Hua Ja China 10X0-
127.5—2325; 2, Kuml Haseba Japan, 87 S-.
1204 — 2074; X Lifi Yo-chlng, Taiwan. 904-
11X5-00X1

Medals Table

China

Japan

south Korea
Kazakhstan
Taiwan
Iran
Syria
Indonesia
Thailand
Vietnam
India

DENNIS THE MENACE

PEANUTS

CALVIN AND HOBBES

Kuwait

0

I

1

i.'Me,

Kyrgyzstan

0

1

1

“■ ■

Saudi Arabia

0

1

1

2 ; fi- '.V

Uzbekistan

•

1

•

5 #.

.Malaysia

0

0

Xr -S. ”

Brunei.

0

0

2

f ff

Philippine*

0

0

2

J' -

Burma

8

B

1

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e

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1

If

Macao

Nepal

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0

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For investment 1
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INTERNATIONAL herald TRIBUNE, TOURSDAY, OCTOBER 6, 199+

Page 19

\\ '* HIROSHIMA, Japan —
' ..' • , i !‘; ? ?>.|uan Antonio Samaranch, ihe
' v . president of the International
• . Olympic Committee, came
V ; ^trongjy to fee defense of Chi-
■ I p : ~7r. l v na*s world-record athletes on
■ i ; Wednesday, saying that they

■ ~ L •-;] ,did hot take drugs and that
v.^port in China was “very
,r ^lean."

* After fee first two fuO days of

‘ : ^■■Available on Tuesday alone.

" Samaranch stud he was not

■-O w - Worised that a nation with 1.3
■ _ ” ’ ^ people would reach fee

’ ■ • - ■ - ‘„V 1 vOp'ranks of international spoil.

“I’m sure Chinese sport is
; .,'^-i t ‘/ery clean,” Samaranch said
<\ asked whether drugs were

^ ^behind fee success of China' s
' - f ;’weightlifters, who swept fee

•„ x ■’• '•nine women’s weightlifting di-

r »,# . - visions, and dramatic world re-

-T.’ - * esi ihords set by China’s women
.• . . ‘ swimmers and nriddle-distanoe
V ‘ Scunners earlier this year.

• • ’ v : ‘rP':; China's worid record-break-
.' 'i-'mg women swimmers and mid-
dle-distance runners have also
... " ^encountered suspicion from
” ‘A.* some Western coaches.

,” t . " r ” ; “t*-- But Samaranch, in Hiroshi-
^'toa to attend the Asian Games,
. vowed there would be no letup
irp.^fe the campaign by fee IOC to

anch said the turnaround in the
IOCs campaign against drug
. . ' jv use was in. 1988 when the world

• „ . “ rc: <-sprint champion, Beo Johnson,
. • I'-i, • suspended.

“The war is not over, but we
’ . r ''have won many, many battles,”

‘ he said.

'• cj - vj- The head of fee International
WeightKftmg Federation also
lV * • * ■: i^bad given China’s competitors a
~~ clean bill of health.

Samaranch welcomed easing
~ ~f certain United Nations sanc-

'JcSfe on Serbia and Montene-
gro and said their athletes could
„„ , now compete in international

^ ■ '.sporL (AP, Reuters)

:•» M ... The organizers of fee Asian
• ■*= -■ r , Games sharply criticized Tbai-
" ' ■ -tv"-«land on Wednesday for poor
progress on staging the next

South Korea Wins 6 Gold Medals

Pm * Games record of U10, breaking fee eight-

HiROSHIMA, Japan — South Korea year-old mark of 1 .280. Hendro Praiono of
burst into the Asian Games gold medals Indonesia was second with 1,292.
column Wednesday with three wrestling Taiwan had returned to the Asian
triumphs and victories in swimming, fenc- Games in 1 990 after being kepi out for 20
mg and bowling, years in a dispute wife China.

Its bowling winner missed a perfect Ji Sang Joon of South Korea broke the
game by one pin. monopoly on gold by China and Japan as

China padded its lead in medals slightly, he won fee men's 200-meter backstroke in
but its eight golds for the day were only 2 minutes. 0.65 seconds, breaking the
slightly ahead of South Korea’s six and. Games record of 2:03.59. Japan's Hajime
Japan’s five. It completed a clean sweep of Itoi was second in 2:0 1 .34.

the nine women’s weightlifting divisions,
but slowed its world record-breaking pace.

That left China with a total of 28 gold
medals to 13 for Japan. South Korea, shut
out for fee first two full days of Games'
competition, is trying to overtake fee Japa-
nese and repeat its second-place finish of
fee last Games in 1990.

Taiwan won its first Asian Games gold
in 24 years, also in bowling, and Kazakh-
stan, a newcomer to fee Gaines, picked up
its first two golds, in wrestling.

The Chinese also added the men’s and
women’s all-round gymnastics titles to the
team victories they had won earlier, and
won three of the day’s five swimming
races, all in Gaines or Asian record times.

In bowling. South Korea’s Kim Sook
Young railed a near-perfect 299 in fee fifth
of her six games as she took the gold wife
1.347 pins, smashing fee Asian Games
record of 1,270 set in 1978. The silver
medalist, Noriko Inauchi of Japan, was
121 pins behind.

In fee men's singles earlier, Lin Han-
chen of Taiwan took the title and set a

Japan won its second swimming gold of
fee Asian Games when Y ukihiro Matsu-
shita edged Kazakhstan's Serguei Boris-
senko and Alexei Egorov in fee men’s 100-
meter freestyle.

But fee Chinese women have yet to lose
a swimming race. They raised China's total
to 11 in 14 events as He Cibong beat
teammate Lu Bin in fee 100-meter back-
stroke, Zhou Guanbin oulswam teammate
Yang Aibua in fee 400-meter freestyle and
China left Japan more than three seconds
behind in fee 400-meter freestyle relay.

China also was expected to sweep all
four diving golds. For fee last two events,
fee world champion Tan Shuping and Fu
Mingxia led qualifying for fee women's
three-meter springboard event, and the
1992 Olympic champion. Sun Shuwei. and
Xiao Hailiang were fee top qualifiers in
men's platform diving.

The Chinese yielded only one medal — a
bronze to Japan — in fee men's and wom-
en’s individual all-round gymnastics. Qiao
Ya, Yuan Kexia and Mo Huilan were 1-2-3
for the women. Li Xiaoshuang and Huang

Liping finished ahead of Yoshiaki Haia*
keda of Japan in the men's event.

In weightlifting, Zhang Xiaoli was the
only world record-breaker Wednesday. In
fee 83-kilogram class, her 237.5-kilogram
(523-pound) loral broke fee mark or 23l)
kilograms, set by Chen Shu-chih of Taiwan
in last year's world championships. Chen
matched that 230 and look fee silver.

Wife that, China ended fee women's
weightlifting with six world records in nine
events.

Other Chinese winners Wednesday were
Hua Ju at 76 kilograms and the world
champion Li Yajuan in the over 83-kilo-
gram class. Li’s total of 240 was well below
her own world record of 260.

For South Korea's Greco-Roman wres-
tling golds, Sim Kwon Ho beat Reza
Aimkhah Asii of Iran at 48 kilograms. Kim
Young 11 defeated Grigori Pulyaev of Uz-
bekistan at 68 kilograms, and Song Sung II
downed Vitalii Leikine of Kazakhstan at
100 kilograms.

Kazakhstan won the other two wrestling
golds Wednesday, louri Melnitchenko
beat Sheng Zetian of China at 5 7 kilo-
grams. and Daoulct Tourlykhanov dcci-
sioned Raatbek Sanathaev or Kyrgyzstan
at 82 kilograms.

South Korea also won the top two places
in men’s saber fencing, wife Kim Sang
Wook edging teammate Lee Hyo Kun. 15-
13. in the final.

Japan swept fee day’s three gold medals
in its native fighting sport of karate, and
won its second equestrian gold of the
Games.

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Smumi Takabuhi' Rones

Li Xtaoshuang of China, on the parallel bars, won the men’s all-around gymnastics event. 1

Games in 1998 and expressed hension regarding the security, to the 1966, 1970 and 1978 1
concern over Bangkok’s not o- pollution, traffic congestion games, so far has been slow to
rious traffic jams. The Associ- and communication wife the build new stadiums and other
ated Press reported from Hiro- OCA." facilities in and around Bang-

shim a. The s taging of an Asiad has kok.

Meeting during the 12th become a task of almost Olym- While fee facilities may still
Asian Games, the Olympic pian proportions. Nearly 5,000 be built on time, it is almost
Council of Asia said Thai an- athletes from 42 nations and certain that fee traffic problems
thorities had made no progress territories are taking part at fee will not be solved by 1998.
m the construction of an infra- Hiroshima Games. There is Despite more than two de-
structure for fee Games. competition at world-class fa- cades of planning and wran-

INTERNATIONAL

RECRUITMENT

Appears on Page 8

structure for the Games.

MOVING

The. council’s 15-member cilities in 34 sports.

will not be solved by 1998.

Despite more than two de-
cades of planning and wran-
gling, work on a mass transport

board also expressed “appre- - But Thailand, which was host system has yet to begin

M*ij*>* :*wc

Scots Hoping to Repay Paraguay in Dunhill Golf

v Roam

, - ST. ANDREWS, Scotland — Scotland
was given an opportunity Wednesday to
avenge one of its most ignominious golfing
! disasters when it drew Paraguay in fee
D unhill Cup team championship.

‘ Paraguay pulled off one of golfs big
upsets on fee opening day a year ago when
■ ft defeated Scotland, 2-1 . and the Scots will
get a chance far <prick revenge as thtty face
fee South Americans on Thursday.

The Scottish team, seeded sixth, is again
led by Europe's No. 1, Colin Montgom-
erie, who lost his individual match to Raul
Fretes last year. His teammates are Gor-
don Brand Jr., back from last year when he
--won his battle against Angel Franco, 3nd a
newcomer, Andrew Coltart

• Sac Paraguayan team is fee same as last
•* ,ye^, wife Oiios Franco, Angel's brother.

founding out the team which finished sec-
ond in its group as a rank outsider.

; Zimbabwe and South Africa, seeded
second and third, could set up an intrigu-
ing semifinal battle if they win their
groups.

• Zimbabwe is lead bv fee world No. 1,
Nick Price, the British Open and U.S.

PGA champion, who failed to win a match
in three attempts last year.

He and his teammates, Mark McNulty
and Tony Johnstone, face unseeded Ger-
many, led by Bernhard Langer. in their
first match. Seventh-seeded Sweden and
Canada complete fee group.

South Africa is expected to win fee
group containing Scotland, Paraguay and
Taiwan, its first-round opponent.

But much will depend on fee form and
mental state of Ernie Els, fee U.S. Open
champion, who lost a playoff to Seve Bal-
lesteros at the German Masters on Mon-

players: Fred Couples. Tom Kite and Cur-
tis Strange. Couples played on last year's
winning team; Kite and Strange.’ both
drafted late to play this year, were on fee
victorious team in 1989.

The Americans play eighth-seeded New
Zealand, Japan and Ireland in their group.

Greg Norman returns from a six-week
break caused by an operation to lead
Australia, seeded second. Norman. 39,
played in fee first two Dunhill Cup- win-
ning teams in 1985 and 1986.

He is supported by Steve Elkiagton,
fresh from victory in fee Southern Open cm
Sunday, and Robert Allenby for matches

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day after leading fee event all fee way until against fifth-seeded England — without
a bogey at fee final hole. Nick Faldo — France and Spain.

The United States, fee defending cham-
pion, which has won two of fee previous
nine events, is seeded first based on fee
cumulative world rankings of its three

Nick Faldo — France and Spain.

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139

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Page 20

ART BUCHWALD

White - Collar Leniency

W ASHINGTON — The
most disappointing aspect
of the new crime bill is that
Congress has not set aside any
money to punish those who
have committed white-collar
crimes.

Since white-collar crime is
now growing faster than blue-
collar crime.*;
you would
think that
some provi-
sions would
have been
made to deal
with the prob-
lem.

Stephanie
Ross, a white-
collar crime
consultant,
said that while it is hoped that
the new bill can reduce street

crimes. Congress has thrown in
the towel about stopping crimi-
nal activity on Wail Street and
in various halls of government.

“Wouldn't more hard prison
time be a deterrent to white-
collar cr iminals ?" I asked.

“The problem is they never
get to prison. The people wbo
commit white-collar crimes hire

Bird Paintings Fetch
£1 Million at Auction

The Associated Press

LONDON — A total of 232
original VicLorian water colors
painted for John Gould's book
"The Birds of Great Britain"
sold for £1,029.595 (Sl-6 mil-
lion) at a Christie's auction
Tuesday.

The highest prices in the
Gould sale were paid for the
larger birds, the most striking in
appearance, especially the
predators. A snowy owl water-
color sold for £34.500, a caper-
caillie for £16,100, and a pere-
grine falcon for £11,500. All
three were painted by Joseph
Wolf, a German who Is judged
by critics to be the best of
Gould's three artists.

the best lawyers in the country
and, after stealing milli ons of
dollars, they plea-bargain their
way to a cruise on the Love
Boat," Stephanie explained.

□

“What vou're saying is that if
someone had a choice, it would
be smarter to commit a crime
that involves enough money to
hire F. Lee Bailey than a public
defender."

u Do you know how many
people went tojaO for emptying
out the safes of the S&Ls in
America?”

“Four?” I guessed.

“Only two and a half execu-
tives did any time, and that was
because they refused to tell
where the money was hidden.
There's no crime bill in the
world that can stop the rich
stealing from the poor."

“Didn't the Republicans pro-
pose that if you got caught sell-
ing phony government bonds to
the public three times in a row,
you would get life imprison-
ment?"

“Yes, but the white-collar-
crime lobbyists defeated it. No-
body knows how much money
from widows' and orphans' sav-
ings goes each year to help poli-
ticians get elected. If you look
at the S&L scandals, you'll see
their officers were the biggest
supporters of the elected offi-
cials.'’ replied Stephanie.

□

“How about more police to
patrol the buildings where
white-collar crimes are commit-
ted? Maybe that would stop
them." I suggested.

“It wouldn’t be enough to
discourage the hard-core em-
bezzlers. They’d wind up brib-
ing the police with phony real
estate deals." she said.

“We have to make our sen-
tences a lot stiffen If someone
who stole $100 million is going
to be sentenced by a judge to
300 hours of community ser-
vice, it ought to be a maximum -
security place like Disneyland."

INTERNATIONAL HERALD TRIBUNE, THURSDAY, OCTOBER 6, 1994

Detail from Philip Morris ad for Brooklyn Academy of Music’s Next Ware Festival

In New York, Art and Anti-S

By Paul Goldberger

New York Tunes Service

N EW YORK — To people in the
arts, two of the best words in the
English language for more than a
generation have been Philip Morris
— and never mind if the money
comes from tobacco.

The $61-bQlion-a-year maker of
cigarettes, food and beer has been
one of the biggest American support-
ers of culture since 1958, and unlike
many companies. Philip Morris has
generally given lots of money and
asked nothing in return.

Until now. Late last month, writh-
ing in dismay over strong anti-smok-
ing legislation pending before the
New York City Council, Philip Mor-
ris executives telephoned arts institu-
tions that had benefited from their
largesse and asked them to put in a
1 word to Peter Vallone. the City
leal speaker.

The requests were only a small
part of a much larger lobbying cam-
paign Philip Morris has mounted
against the bill, which at one point
led to threats, later retracted, to move
its headquarters out of New York
City.

If Philip Morris were to move, a
great deaf of its arts support would
move with it. The requests to voice
support for the company — which

this season alone is sponsoring the
“Origins of Impressionism” exhibi-
tion at the Metropolitan Museum,
the Next Wave Festival at the Brook-
lyn Academy of Music and an exhibi-
tion railed “Ta lking Pictures" aL the
International Center of Photography
— put arts groups, which generally
try to stay away from politics, into a
difficult position.

“This has put all of my clients into
a lails pin." a consultant to several
arts organizations said last week.
“They have been so shocked that
they didn't know how to react.”

The arts groups say they were not
asked to lobby directly against the
bill, which would ban smoking in
nearly all restaurants and public
places, but only to let the City Coun-
cil know how important Philip Mor-
ris money was to the cultural life of
the city.’

“But the message was clear." said
an official of one of the groups un-
derwritten by Philip Morns. “We
were telling the City Council that it
was in the best interests of the arts in
New York City that Philip Morris
money stay in’ New York City."

The company, for its part, main-
tains that it did not intend to drag
arts groups into the political mael-
strom, but only to contend, as Philip
Morris has done repeatedly, that

smoking restrictions might affect
tourism and hence the revenue of
cultural institutions.

Many of the groups sent messages
to the Gty Council in which they
explained that they were taking no
position on the anti-smoking bill as
such, but wished to go on record “as
telling the City Council how much
Philip Morris does for the city,” in
the words of one museum official
who said he agreed to make a tele-
phone call Lo Vallone's office.

“That much I was willing to do,
since there is no question that we
would take a terrible hit if Philip
Morris were to leave the city."

That official, like most people who
d requests from Philip Morris,
speak only on condition of

received;
would

anonymity. So powerful is the com-
pany in the cultural world that no
official or board member of any or-
ganization supported by the compa-
ny would speak for attribution when
asked about the lobbying efforts on
the anti-smoking legislation, or even
allow the name of his or her organi-
zation to be used.

“Arts organizations don’t have the
luxury of turnin g down money from
any source,” said Randall Bour-
schddt, executive director of the Al-
liance for the Arts, an umbrella orga-
nization that assists many New York

institutions. Some of the alliance's
projects have been underwritten, in
part, by Philip Morris.

“There has been such sdibtis re-
ductions of both public and private
funding that generosity as large and
as widespread as Philip Morris’s has
a major impact on New York and the
country,” Bourscheidt said.

Arts organizations have struggled
for yean with the question Of accept-
ing what are, in meet, tobacco prof-
its to support the arts. But no one has
rejected Philip Moms money, or
called it tainted. T don’t smoke and I
hate people smoking, bat Philip
Morris is a great supporter," said the
spokeswoman for a New York dance
company, who calls Philip Morris
“our largest corporate supporter."

“I say thank God for sinners:
they’re the only people to support the
arts.” she concluded.

Her remark underscores the clear-
est benefit Philip Morris gets from its
arts philanthropy: a positive image
among people who would normally
have few land things to say about a
cigarette, food and beer maker.

The request that arts groups join,
however subtly, in Philip Morris’s
lobbying effort against the City
Council bill seems to have done little
to diminish the chances of the bill’s
passage.

Otford Dhwa to Bear
NotedEn vir on mentalist

Kenmt the Frog, fallowing in
the footsteps of Motor Teresa
add Ronald Reagan, #1 - J
dress Oxford Univcra ,
famed Oxford Union debati

society Ogl -27. ;He win

about life, love and ifiemviroa-
ment, but oot about Miss .

the Mnopet character m
wbo constantly, v

“HisnfehaAbccn the university
of life and he wants to talk t 1 .. a*
about rk^f; Adrienne Garner, *r \V
for Jim Henson
says. “He is the
_j, having lived in a . I

is dose to environ-

mental concerns.” As for Miss :l '
■!%gy, “Anything between them L
ism her mind and not his.”

□

Deng Lin, the 52-
daughter of Deng . „

China’s paramount leader,
opened an exhibition of her
paintings in Paris utithe pres-
ence of Jacques Toaboa,

France’s culture minister, and
Pierre Cardin, the : designer,
who sponsored' the event. Most
of the works in the show
early, traditional ones,
some from - recent years
forcefully abstract.

□ ■

Tom Leppard, a retired Brit-
ish soldier and the world’s most
tattooed person, with 99.2 per-
cent of his body covered in 'a
leopard-skin motif, helped
launch the 1995 edition of the
Guinness Book of Records in.

London. He shares space in the
new book with Mata Jagdasaj
an Indian with the longest hair
in the world, and Susan Wt
Bams, a Californian who blew *
record bubble-gum bubble.

□

Bernadine Morris, former''
chief fashion reporter of The
New York Times, was awarded
the gold medal of Milan, the;
city’s highest honor, for services -
to fashion. Anne-Marie Sdaro?
accepted it on her behalf from
the city’s mayor, Marco For->
mentinL

it

are

WEATHER

WEEKEND DESTINATIONS

Europe

Forecast tor Friday through Sunday, as provided by Accu-Weather.

Tansy

Hh,h

Low

W

High

Low W

Cflr

OF

OF

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21/71]

17/02

|

34/75

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28/02

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20/82

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Ajtwra

26/79

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2J/75

12/03

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23/73

1560 pc

12/53

8/43

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16/91

400 i

Bwtoi

9/40

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7*44 pc

Bnivnto

13/55

6/43

10191

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8/48

205

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13/55

6/43 pc

Copcrtwgsn

9/48

e/43

sh

1305

7/44 pc

Costa D»1Sol

24/75

1864

1

24/75

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1467

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Mono™

1060

205

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Munch

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11/52

5/41 pc

f*c«,

23/71

7/44

urn

1263 pc

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8/46

6/43

1365

405 C

Patna

22/71

14/57

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Potto

10/01

7/44

1702

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8/48

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1102

0/43 PC

RayMBv*

8/48

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6/43

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21/70

307

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SI WwatMfi

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1263

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Stockhorti

7/44

7/44

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12/53

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Tntom

8/48

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14/57

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8/48

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21/70

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Jetttroun

North America
Pittsburgh and New York
City through Boston will He
dry and milder Friday into
Saturday. Showers and
maybe a thunderstorm will
arrive Sunday. A strong
Storm In the northern Plains
wHI trigger heavy rains tram
Memphis to Chicago. Snow
and a chilly rain will (all
across the Dakotas Friday.

Europe

London through Paris and
Frankfurt will have sunny,
pleasant weather later this
week. Showers over Spain
and Portugal Fnday wt« give
way to dry, milder weather
this weekend. High winds
and heavy rains will blast
central and northern Scandh
navia. Southeastern Europe
wHI have a soaking rain.

Middle East

Latin America

Today To

Mgh Low W Htgh Lour W

OF OP CIF CIF

29/M 22/71 • am* Z2/7T I
20 OK Sim po 31/98 HUM ■
3MD 16/50 f 29/M 15/58 a

30/02 IBM ■ 29/02 IBM (

37/99 21/7D C 30/100 T7/B2 a

30/100 23/73 a 30/10029/73 1

Bata*

Cairo

Janoatom

I uwe

Riyadh

Today To

Htgb Low W Mgh Low W
OF QF OF OF

SkMfm/Waa 21/70 9/49 pc 19/08 9/49 pc

Caracas 32/99 20/70 pc 32/00 20/79 pc

Una 20/00 1BA1 c 19430 16/01 C

MedooCay 22/71 11/53 I 24/76 11/52 pc

RtodeJtnoto 34/75 ifl«8 pc 24/70 IBM pc

Sartiaga 34/70 11/53 pc 29/79 12/03 pc

Hwray
pytpj snow

Asia

Beijing through Seoul will
hove a sped ot dry, pleasant
weather late this week.
Tokyo and Nagasaki wilt
also have sunny, oieasant
weather. Typhoon Seth will
be passing by to the north of
the Philippines this week-
end, threatening either Tai-
wan or Okinawa. Mania w*
be mostly aurmy and warm.

Asia

Tomorrow

High

Low

W

High

Low W

OF

OF

CIF

OF

Bragin*

31/09

23/73

3168

24/75 pc

B«4ng

25/77

a/48

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24/75

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HonoKran

29/84

24/75

2964

24/70 i

Mania

3260

24/75

PC 3269

25/77 pc

NenDflH

3463

22/71

3463

2068 pc

Seed

22/71

1060

1

21/70

8/46 pc

Shanghai

24/75

1467

%

23-73

1467 pc

Sngaporo

3269

25/77

pc 3168

24/75 1

Traps

29/79

21/70

Sh 2760

21/70 nh

Tokyo

25/77

17(92

S

24/75

1661 pc

Africa

-

' ^ _

—

Mgton

23/73

17/8?

PC 23/73

1762 pc

Capa Tom

25/77

1365

B

24/70

1365 pc

Cn»d*anca

21/70

17*2

sh

28*70

14/57 pc

Knara

1968

9/40

1

23/73

9/48 S

Lagoi

2S64

23/73

sh

20/M

24/70 c

Hanbt

21/70

1162

pc 24/75

1263 ah

T irate

24/75

1263

pc 21/TO

13/55 pe

North America

Anchraage

AlSento

Bouton

Chicago

Dmw

Dank

HonoMu

Houston

U»Ang#M

NewYoiV
Phowtir
San Ran.

Logond: sHtunny. Dc-praay dourfy. c-doudy. rft-showara. Mhunderstarms, r-rah. m-snow tarries,
sn-anow, He*. W-Wwmw. <UI wrap*. tona can and data pr on rid cd by Accu-WeaOwr. Inc. <5 1994

VM/nggn

0M3

25/77

14/57

23/73

12/03

20/B8

29/04

33/91

25/77

31/99

19*8

12/53

29/B4

16/51

30/96

20*58

20/68

10/BI

«7«?

-307

US7

4/38

14S7

1/34

11/52

23/73

19/G8

17/02

23/73

13/55

203

13173

7/44

10/M

12/53

8/48

3/37

BMS

l 3/37
a 24/75
po 18*1
pc 2303
pc 1407
S 22/71
pc 30/99
pc 28/B2
pc 27/00
pe 23 <M
1 10/61
c 13/56
pc 30/06

I 20*8

■ 31/00

■ 23/73

-5*4 pc
14IS7 pc
7/44 1
13/5(5 e
2/35 pc
9(48 pc
23/73 pc
17(63 pc
14/57 pe
23/73 pc
9/48 ah
3/37 pc
24/75 pc
10/50 a
IBM S
11/53 s
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1/34 l
10/90 s

SATURDAY

ir\

SUNDAY

Ml forecast* andoata vmUM
by Accu-Weather, mt» tew

Europe and Middle East

Europe and Middle East

Location

Woathor

High

LOW

Water

Wave

Wind

Location

Weather

High

Low

Water

Warn

w

Tama.

Tama.

Tama.

Heights

Spaed

Temp.

Tamp.

Temp.

Heights

Sp

CfF

C/F

C/F

(HOMO)

Oq*)

C/F

C/F

C/F

(Matrao)

, JK

Cannes

clouds and Bun

22/71

9/48

20*8

0-1

NW

12-22

Cannes

sunny

23/73

19/68

20*8

0-1

n'

DeauriJe

sunny

15/53

8/46

13/39

1-2

W

15-30

DsauvjOe

clouds and sun

17/82

T1/5B

15/58

0-1

SE .

Rlmlm

showers

18*4

12*3

23/73

1-2

SW

15-30

Rmira

ckmds and *(M

20*8

11/52

23/73

0-1

SW

Malaga

showers

22/71

20188 '

- 0-1

SE

10-20

- Malaga ■■ - ■

cloudy

23/73

17*2

20*8

0-1

SW

Cagian

showers

2303

11*2

24/75

1-2

SW

20-35

Cagflart

ctatass andean

22/71

10*0

23/73

0-1

Faro

showers

21/70

15*9

2068

0-1

W

15-25

Faro

ahtS&n

22/71

14*7

19*6

1-2

w

Piraeus

thmderstonns

2S/77

17*2

23/73

0-1

SW

10-20

Piraeus

raki

24/75

16*1

23/73

0-1

s ,

Corfu

thunderstorms

24/75

18*1

24/75

1-2

s

20-40

Corfu

Showare

23/73

13155

23/73

1-2

SW.

Bngmon

partly sunny

17*2

8/46

15*9

0-1

SE

15-25

Brighton

clouds and sun

18*4

8/48

15/50

0-1

s

Oaend

c/oudsandsun

14*7

8/46

14/57

0-1

NE

12-22

Osrartd

sunny

16*1

11/52

14/57

0-1

SE

Schevenlngen

clouds and sun

13*6

8/46

14*7

0-1

NE

12-22

Schaverangan

sunny

16*1

10*0

14*7

0-1

SE

Sytr

clouds and sun

13*5

7/44

14*7

0-1

N

12-25

sy«

sunny

15*9

P/4fl

13*5

0-1

E

Izmir

sunny

32*9

20*8

24/75

0-1

SE

15-30

Izmir

doucaondsun

32*8

21/70

24/75

1-2

S

Tel Aviv

sunny

33*1

23/73

27*0

0-1

SE

1525

Tel Aviv

sunny

33/91

24/75

27*0

o-T :•

S

Caribbean and West Attantic

Caribbean end West AUantfc

IMS,

12-45
20-40 ■
1520 !i

4 •" I

Barbados

Kingston

SL Thomas

Ham Aon

thunderatonns
partly sunny
growers
showers

28*4

33*1

32*9

29*4

23/73

23/73

24/75

21/70

28*2

28/82

29*4

25/77

1-2

1-2

1-2

0-1

SE

ESE

SE

SE

2040

20-40

25-50

12-25

Barbados

Kingston

SLThamas

Kamtton

showers
thunderstorms
showers
clouds and am

30*8

32*9

30*6

30*8

23/73

23/73

23/73

22/71

28*4

28*2

28*2

25/77

.1-2

2-3

1-3

0-1

SE

ESE

NE

W

2Wfc.i
3080. J
30® ‘1

IMS.!

Asia/Padfic

Asta/Padfk:

Penang

tfiunderstonns

31*8

24/75

29*2

0-1

SW

10-20

Penang

thunderstorms

31*8

24775

28*2

0-1 ■

sw

12-25

Riukei

tnindersionns

31/BB

23/73

29*4

0-1

SW

15-25

Phuket

showers

31*8

24/76

28*2

0-1

SW

IMB

Bafi

partly sunny

32/89

23/73

28*2

0-1

SW

12-25

Ball

parity sunny

33*1

23/73

28*2

0-1

sw

15-30

Cebu

partly sumy

32*8

24/75

28*2

0-1

SE

15-25

Cebu

douds and sun

32/88

24/75

28*2

0-1

SE

15-25

Palm Beach. Aus

clouds and sun

19*6

10*0

18*4

1-2

W

20-40

Palm Beach, Aus.

sunny

22/71

12*3

18*4

0-1

NW

12-a

Bay at Islands. NZ

ram

18/64

14*7

16*1

1-2

NW

25*0

Bay ol Islands, NZ

showers

12*3

12*3

15/59

12

WNW

3080

Shirahama

sunny

25/77

18*4

25/77

0-1

N

10-20

Sh Bahama

douds and sun

24/75

17/62

24/76

12

NE

2M0

Honolulu

clouds and sun

29*4

23/73

27*0

1-2

ENE

20-40

Honolulu

clouds end sun

30*6

23/73

27*0

12 .

. ENE

20-35'.

:M in \i

Your stomach s growling

: • • •
•-

«,'T$7

•• • ,

Mother Nature’s calling. /

■-V S - '"$7

.

Your flight s boarding.

:<■ , - “''*•'** •'

. . • *
-C^vv ^

....'.** s'

Plenty ot time to make' say./

■ *

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SOUTH AFRICA

Q-BfflJ-99-0123

With AT&T USADirect* and
World Connect ® Service, you can make
multiple calls without redialing,
your card or access number. ' .

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You’re in a liuny. So we’U be brief. ARST USADirect and 1 :
Worid Conned Service gets you fast, clear connections
back to the United Stales or to any of over 100 other
countries. Also, an easier way to make multiple calk 1
Up io 10 in a row. Just dial the AT&T Access Number.'';-

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below for the country you're calling from. Y’our

will go through in seconds. Then, instead of hair
up after each call, busy signal or unanswered calk .
simply press the #button. In short you’ll spend tejf :• '

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time dialing. And more time talking. Wait On secoot 'V
thought, isn't your flight about ready to takt^ ‘

TrutfPor lit Connections ■

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